Balchem's last annual dividend of $0.71 per share was on Dec 23, 2022 (ex-date). The annualized dividend payment of $0.71 per share represents a current dividend yield of 0.57%. The latest BCPC payout of $0.71 marks a dividend growth of 11%.
BCPC has a dividend yield of 0.57% which is below the Basic Materials sector, the industry and its peers average. If we compare it with its Basic Materials sector average of 1.99%, Balchem's dividend yield is 71% lower. Historically BCPC's dividend yield has averaged at 0.5% in the last 5 years, which is less than the current yield.
Balchem has a history of paying dividends since 1995. Our records of BCPC show that the company has issued one annual dividend in the last twelve months. The annualized DPS marks an increase of 11% since one year ago. And with the stock price up by 1.9% from a year ago, the dividend yield marks an increase of 8%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Dec 23, 2022 | Jan 20, 2023 | Dec 6, 2022 | $0.71 | normal |
Dec 27, 2021 | Jan 21, 2022 | $0.64 | normal | |
Dec 24, 2020 | Jan 22, 2021 | Dec 17, 2020 | $0.58 | normal |
Dec 27, 2019 | Jan 17, 2020 | Dec 18, 2019 | $0.52 | normal |
Dec 24, 2018 | Jan 18, 2019 | Dec 12, 2018 | $0.47 | normal |
Dec 26, 2017 | Jan 19, 2018 | Dec 13, 2017 | $0.42 | normal |
Dec 22, 2016 | Jan 20, 2017 | Dec 13, 2016 | $0.38 | normal |
BCPC has a payout ratio of 22.8% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 28%, Balchem's payout ratio is 19% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
MMM 3M Co | 6.4% | $5.99 | N/A |
IFF International Flavors & Fragrances Inc | 4.75% | $3.24 | N/A |
EMN Eastman Chemical Co | 4.12% | $3.16 | 52.9% |
STE STERIS plc | 0.88% | $1.93 | 159.5% |
BCPC Balchem Corp | 0.57% | $0.71 | 22.8% |
Yes, Balchem has paid one dividend in the last 12 months. BCPC has been paying dividends since 1995.
Balchem's last regular dividend was on Dec 23, 2022 (ex-date) with the amount of $0.71 per share.
On an annual basis BCPC pays $0.71 per share.
The current dividend yield of Balchem is 0.57%.
Balchem typically pays one dividend per year.
Balchem's dividend payout ratio is 22.8%.
Balchem's dividend yield is less than the Basic Materials sector average.