Sigma-Aldrich Corp. (SIAL) Declares Quarterly Dividend of $0.22
Sigma-Aldrich Corp. (NASDAQ:SIAL) declared a quarterly dividend on Friday, September 27th, American Banking & Market News reports. Shareholders of record on Friday, November 29th will be given a dividend of $0.215 per share on Friday, December 13th. This represents a $0.86 dividend on an annualized basis and a yield of 1.01%.
A number of research firms have recently commented on SIAL. Analysts at Goldman Sachs Group Inc. raised their price target on shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) from $69.00 to $73.00 in a research note to investors on Friday. They now have a “sell” rating on the stock. On the ratings front, analysts at Robert W. Baird downgraded shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) from an “outperform” rating to a “neutral” rating in a research note to investors on Friday, September 20th. They now have a $80.00 price target on the stock. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of Sigma-Aldrich Corp. (NASDAQ:SIAL) in a research note to investors on Thursday, August 15th. They set a “buy” rating on the stock. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $78.55.
Sigma-Aldrich Corp. (NASDAQ:SIAL) traded down 0.43% on Friday, hitting $85.53. The stock had a trading volume of 380,535 shares. Sigma-Aldrich Corp. has a 52 week low of $68.22 and a 52 week high of $88.55. The stock has a 50-day moving average of $84.64 and a 200-day moving average of $81.64. The company has a market cap of $10.284 billion and a P/E ratio of 22.25.
Sigma-Aldrich Corp. (NASDAQ:SIAL) last released its earnings data on Tuesday, July 23rd. The company reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.04 by $0.01. The company had revenue of $681.00 million for the quarter, compared to the consensus estimate of $679.50 million. During the same quarter in the prior year, the company posted $0.97 earnings per share. The company’s quarterly revenue was up 2.6% on a year-over-year basis.
Sigma-Aldrich Corporation is a life science and high technology company. The Company develops, manufactures, purchases and distributes the range of chemicals, biochemicals and equipment available globally and also provides global biopharmaceutical testing services.
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