Becton Dickinson & Co. (BDX) Declares Quarterly Dividend of $0.55
Becton Dickinson & Co. (NYSE:BDX) announced a quarterly dividend on Tuesday, January 28th, AnalystRatingsNetwork.com reports. Stockholders of record on Monday, March 10th will be paid a dividend of 0.545 per share on Monday, March 31st. This represents a $2.18 annualized dividend and a dividend yield of 2.04%.
A number of analysts have recently weighed in on BDX shares. Analysts at Piper Jaffray upgraded shares of Becton Dickinson & Co. to an “overweight” rating in a research note to investors on Tuesday, January 21st. They now have a $18.00 price target on the stock. On the ratings front, analysts at Barclays raised their price target on shares of Becton Dickinson & Co. from $106.00 to $112.00 in a research note to investors on Thursday, January 9th. They now have an “underweight” rating on the stock. Finally, analysts at Merrill Lynch upgraded shares of Becton Dickinson & Co. to a “neutral” rating in a research note to investors on Tuesday, January 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $103.39.
Becton Dickinson & Co. (NYSE:BDX) traded up 1.23% during mid-day trading on Tuesday, hitting $108.22. 561,152 shares of the company’s stock traded hands. Becton Dickinson & Co. has a 52 week low of $83.63 and a 52 week high of $112.71. The stock has a 50-day moving average of $109.4 and a 200-day moving average of $104.4. The company has a market cap of $21.005 billion and a price-to-earnings ratio of 16.45.
Becton Dickinson & Co. (NYSE:BDX) last released its earnings data on Tuesday, November 5th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.06. The company had revenue of $2.10 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the company posted $1.42 earnings per share. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. On average, analysts predict that Becton Dickinson & Co. will post $6.22 earnings per share for the current fiscal year.
Becton, Dickinson and Company (NYSE:BDX) is a global medical technology company engaged in the development, manufacture and sale of medical devices, instrument systems and reagents used by healthcare institutions, life science researchers, clinical laboratories, the pharmaceutical industry and the general public.
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