Balchem's last dividend of $0.79 per share was on Dec 26, 2023 (ex-date). The annualized dividend payment of $0.79 per share represents a current dividend yield of 0.44%. The latest BCPC payout of $0.79 marks a dividend growth of 11%.
BCPC has a dividend yield of 0.44% which is below the Basic Materials sector, the industry and its peers average. If we compare it with its Basic Materials sector average of 2.05%, Balchem's dividend yield is 79% lower. Historically BCPC's dividend yield has averaged at 0.5% in the last 5 years, which is more than the current yield.
Balchem has a history of paying dividends since 1995. Our records of BCPC show that the company has issued one dividend in the last twelve months. The annualized DPS marks an increase of 11% since one year ago. But with the stock price up by 48% from a year ago, the dividend yield marks a decrease of 24%.
Ex-date | Amount | Yield (TTM) |
---|---|---|
Dec 26, 2023 | $0.79 | 0.53% |
Dec 23, 2022 | $0.71 | 0.58% |
Dec 27, 2021 | $0.64 | 0.39% |
Dec 24, 2020 | $0.58 | 0.51% |
Dec 27, 2019 | $0.52 | 0.52% |
Dec 24, 2018 | $0.47 | 0.64% |
Dec 26, 2017 | $0.42 | 0.53% |
Dec 22, 2016 | $0.38 | 0.47% |
Dec 23, 2015 | $0.34 | 0.54% |
BCPC has a payout ratio of 21% which is lower than the Basic Materials sector and the industry average. If we compare it with the Basic Materials sector average of 41.8%, Balchem's payout ratio is 50% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
EMN Eastman Chemical Co | 3.08% | $3.24 | 43% |
MMM 3M Co | 2.83% | $3.61 | 45.5% |
IFF International Flavors & Fragrances Inc | 2.25% | $2.01 | N/A |
STE STERIS plc | 1.01% | $2.18 | 49.5% |
BCPC Balchem Corp | 0.43% | $0.79 | 21% |
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 26, 2023 (ex-date) with the amount of $0.79 per share.
On an annual basis BCPC pays $0.79 per share.
The current dividend yield of Balchem is 0.44%.
Balchem typically pays one dividend per year.
Balchem's dividend payout ratio is 21%.
Balchem's dividend yield is less than the Basic Materials sector average.
Special dividends are included in TTM DPS and yield. Data from and Sharadar.