Table of Contents

company-logo

Atmus Filtration Technologies Inc. designs, manufactures, and sells filtration products under the Fleetguard brand name in North America, Europe, South America, Asia, Australia, Africa, and internationally. It offers fuel filters, lube filters, air filters, crankcase ventilation, hydraulic filters, and coolants, as well as fuel additives. The company's products are used in on-highway and off-highway commercial vehicles; and agriculture, construction, mining, and power generation vehicles and equipment. It serves original equipment manufacturers, dealers/distributors, and end-users. The company was founded in 1958 and is headquartered in Nashville, Tennessee. Atmus Filtration Technologies Inc. operates as a subsidiary of Cummins Inc.

Atmus Filtration Technologies Dividend Announcement

• Atmus Filtration Technologies announced a semi annually dividend of $0.05 per ordinary share which will be made payable on 2024-11-13. Ex dividend date: 2024-10-31
• Atmus Filtration Technologies annual dividend for 2024 was $0.10
• Atmus Filtration Technologies's trailing twelve-month (TTM) dividend yield is 0.24%
• Atmus Filtration Technologies's payout ratio for the trailing twelve months (TTM) is 2.33%

Atmus Filtration Technologies Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-10-31$0.05semi annually2024-11-13
2024-08-01$0.05semi annually2024-08-14

Atmus Filtration Technologies Dividend per year

Atmus Filtration Technologies Dividend Yield

Atmus Filtration Technologies current trailing twelve-month (TTM) dividend yield is 0.24%. Interested in purchasing Atmus Filtration Technologies stock? Use our calculator to estimate your expected dividend yield:

Atmus Filtration Technologies Financial Ratios

P/E ratio18.90
PEG ratio0.35
P/B ratio15.40
ROE119.84%
Payout ratio2.33%
Current ratio2.11
Quick ratio1.35
Cash Ratio0.53

Atmus Filtration Technologies Dividend FAQ

Does Atmus Filtration Technologies stock pay dividends?
Atmus Filtration Technologies does not currently pay dividends to its shareholders.
Has Atmus Filtration Technologies ever paid a dividend?
No, Atmus Filtration Technologies has no a history of paying dividends to its shareholders. Atmus Filtration Technologies is not known for its dividend payments.
Why doesn't Atmus Filtration Technologies pay dividends?
There are several potential reasons why Atmus Filtration Technologies would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Atmus Filtration Technologies ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Atmus Filtration Technologies has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Atmus Filtration Technologies a dividend aristocrat?
Atmus Filtration Technologies is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Atmus Filtration Technologies a dividend king?
Atmus Filtration Technologies is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Atmus Filtration Technologies a dividend stock?
No, Atmus Filtration Technologies is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Atmus Filtration Technologies stocks?
To buy Atmus Filtration Technologies you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Atmus Filtration Technologies stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.