On March 6, 2023, Dentsply Sirona (XRAY) announced that it will raise its quarterly dividend by 12 percent to $0.14 per share. This marks 5 straight years of increased dividends by the dental products maker. XRAY also announced a $150 million accelerated share buyback program. Last year Dentsply Sirona hiked the dividend by 13.6%.
The next XRAY dividend is payable on April 14, 2023, to holders of record at the close of business on March 31, 2023. The ex-date for the next Dentsply Sirona dividend is March 30, 2023. A new annual rate of 56 cents per share yields 1.4% at a stock price of $39.27. XRAY now pays an estimated $120 million annual dividend to shareholders.
Dentsply Sirona Inc., formerly Dentsply International Inc., is a manufacturer of professional dental products and technologies. The Company also manufactures and markets consumable medical device products consisting mainly of urological catheters and certain surgical products.