LONDON, UK / ACCESSWIRE / October 31, 2017 / Pro-Trader Daily takes a closer look at Xylem Inc. (NYSE: XYL) as the Company's stock will begin trading ex-dividend on November 01, 2017. In order to capture the dividend payout, investors must purchase the stock a day prior to the ex-dividend date that is by latest at the end of the trading session on October 31, 2017. Are you looking for research on dividend stocks, if so register with us now for your free membership at:

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Dividend Declared

On October 12, 2017, Xylem's Board of Directors declared a fourth quarter dividend of $0.18 per share payable on December 06, 2017, to shareholders of record as of November 02, 2017.

Xylem's indicated dividend represents a yield of 1.11%, which is almost equal to the average dividend yield of 1.15% for the Industrial Goods sector. The Company has raised its dividend for four years in a row.

Dividend Insights

Xylem has a dividend payout ratio of 30.3%, which indicates that the Company distributes approximately $0.30 for every $1.00 earned. The dividend payout ratio reflects how much amount a company is returning to shareholders versus how much money it is keeping on hand to reinvest in growth, to pay off debt, and/or to add to its cash reserves.

According to analysts' estimates, Xylem is estimated to report earnings of $2.73 for the next year, which is more than three times compared to the Company's annualized dividend of $0.72 per share.

As of June 30, 2017, Xylem's cash and cash equivalents totaled $288 million compared to $308 million of cash as on December 31, 2016. For the first six months of 2017, the Company's net cash provided by operating activities totaled $151.00 million compared to $125 million for the year-ago corresponding period. The Company's strong financial position indicates its ability to absorb any fluctuations in earnings and cash flow and to sustain the dividend distribution for a long period.

Recent Development for Xylem

On September 19, 2017, Xylem announced that Colin Sabol has been named Xylem Senior Vice President and President of Sensus & Analytics, effective October 01, 2017. Mr. Sabol succeeds Randy Bays, who will move into an advisory role with a focus on Xylem's global manufacturing operations. Both will report to Xylem President and CEO, Patrick Decker.

Xylem had earlier combined its Sensus and Analytics businesses effective Q2 2017 and now reports the financial and operational results from these businesses as one segment. This change brought together Xylem's broad portfolio of advanced sensing technologies and solutions sold under brands such as Sensus, YSI, WTW, Tideland, and Visenti. This portfolio of solutions addresses a wide range of monitoring and analytics needs across the water cycle, and in electric and gas utilities.

About Xylem

Xylem is a leading global water technology Company committed to developing innovative technology solutions to the world's water challenges. The Company's products and services move, treat, analyze, monitor, and return water to the environment in public utility, industrial, residential, and commercial building services settings. The combined Company's nearly 16,000 employees bring broad applications expertise with a strong focus on identifying comprehensive, sustainable solutions.

Headquartered in Rye Brook, New York with 2016 revenue of $3.8 billion, Xylem does business in more than 150 countries through a number of market-leading product brands.

Stock Performance

Xylem's share price finished yesterday's trading session at $64.64, marginally down 0.34%. A total volume of 782.02 thousand shares have exchanged hands. The Company's stock price skyrocketed 9.01% in the last three months, 28.23% in the past six months, and 32.98% in the previous twelve months. Additionally, the stock soared 30.53% since the start of the year. Shares of the Company have a PE ratio of 41.97 and have a dividend yield of 1.11%. The stock currently has a market cap of $11.60 billion.

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