XylemNYSE: XYL

WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--Xylem Inc. (NYSE: XYL) has announced a fourth quarter dividend of $0.36 per share, which will be paid on December 24, 2024, to shareholders who are on record as of November 26, 2024. Xylem is a Fortune 500 company that focuses on global water solutions, helping customers and communities create a more secure water future. In 2023, our 23,000 employees generated a combined revenue of $8.1 billion, enhancing water and resource management through innovation.

WASHINGTON--(BUSINESS WIRE)-- #LetsSolveWater--The water industry is speeding up its efforts to reduce carbon emissions, aiming to decrease 2% of the global total.

Xylem offers water technology solutions for both businesses and homes, benefiting from a strong balance between supply and demand. The company has raised its dividend for 14 years in a row, with a robust 10-year growth rate of 11%. Additionally, Xylem has a strong financial standing, with a long-term debt-to-equity ratio of 0.2 and an interest coverage ratio close to 17.

Nobody enjoys it when their investment fails to meet expectations for the year.

Xylem Inc. (NYSE:XYL) will hold its Q3 2024 Earnings Conference Call on October 31, 2024, at 9:00 AM ET. The call will feature company representatives, including Keith Buettner, Matthew Pine, and Bill Grogan, along with analysts from various financial institutions. Participants are reminded that the call will be in listen-only mode.

Xylem (XYL) has a strong track record of surprising with its earnings and currently has the right mix of factors that suggest it may exceed expectations in its upcoming quarterly report.

Xylem Inc. (NYSE: XYL), a top global company focused on water solutions, will announce its third quarter 2024 results on October 31, 2024, at 6:55 a.m. (ET). Following this, at 9:00 a.m. (ET), the senior management team will hold a conference call for investors. Interested parties can join the call by dialing +1 (866) 777-2509 (US) or +1 (412) 317-5413 (INTL), or by visiting the Xylem Investors Events page.

The M&CS segment's strength positions XYL for good growth opportunities. The company's efforts to benefit its shareholders look encouraging.

Since November 2023, Xylem's share price has risen by 45%, thanks to solid financial performance and the successful merger with Evoqua Water Technologies. However, challenges such as reduced orders from China due to delays in infrastructure projects and weaker demand in the US and Europe are present. Additionally, Xylem's high valuation ratios suggest it might be overvalued, which has led to a 10% drop in share price since May.