Carlisle Companies (CSL) has announced a forthcoming dividend with an ex-dividend date of May 19, 2025, marking the last opportunity for investors to purchase shares and receive the upcoming dividend. The dividend, to be paid on Jun 2, 2025, is set at $1.000 per share, significantly higher than the average of the past ten dividends, which stood at $0.295. The dividend type, translated from Chinese, is "cash dividend." The company previously issued a dividend of $1.000 per share on Mar 3, 2025, also classified as a cash dividend.
Recently,
(NYSE: CSL) has been active in expanding its portfolio. On May 15, 2025, the company announced a definitive agreement to acquire select assets of Bonded Logic, a manufacturer of sustainable insulation products. This acquisition aligns with Carlisle's Vision 2030 strategy, emphasizing innovation and energy-efficient building solutions. Additionally, Carlisle entered into an agreement to acquire select assets from
, LLC, enhancing its insulation offerings. These strategic moves are expected to be finalized in the second quarter of 2025, potentially influencing Carlisle's market performance and operational efficiency.
Over the past week, Carlisle Companies reported flat first-quarter earnings, maintaining a revenue of $1.1 billion. Despite challenges such as unfavorable weather and economic uncertainty, the company completed a $400 million share buyback. Analysts indicated a consensus recommendation of "Outperform" for Carlisle, with an average price target suggesting a potential upside. The company is focused on innovation and product introductions, aiming for incremental adjusted EBITDA gains. However, Carlisle faces ongoing challenges in residential construction, with market conditions impacted by buyer uncertainty and higher interest rates. Carlisle's efforts to maintain strong performance amidst these conditions are noteworthy.
In conclusion, Carlisle Companies is poised for growth, with strategic acquisitions and a robust dividend offering. Investors should note that May 19, 2025, is the ex-dividend date, and purchasing shares after this date will not entitle them to receive the upcoming dividend.
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