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 0.39%
Atmus Filtration Technologies Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-10-31 | $0.05 | semi annually | 2024-11-13 |
2024-08-01 | $0.05 | semi annually | 2024-08-14 |
Atmus Filtration Technologies Dividend per year
Atmus Filtration Technologies Dividend Yield
Atmus Filtration Technologies current trailing twelve-month (TTM) dividend yield is 0.39%. Interested in purchasing Atmus Filtration Technologies stock? Use our calculator to estimate your expected dividend yield:
Atmus Filtration Technologies Financial Ratios
Atmus Filtration Technologies Dividend FAQ
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.
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