Dividend Flows Don’t Lie: Dec 30, 2016 will be the day that Fortive Corporation (NYSE:FTV) dividends reach $0.07.

Dividend Flows Don't Lie: Dec 30, 2016 will be the day that Fortive Corporation (NYSE:FTV) dividends reach $0.07.

Fortive Corporation (NYSE:FTV) is expected to pay $0.07 on Dec 30, 2016. The indicated annual dividend is $0.28. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on Fortive Corporation’s current price of $54.63, the dividend is 0.13%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 4, 2016. The stock increased 0.24% or $0.13 on November 18, hitting $54.63. Fortive Corp (NYSE:FTV) has risen 6.00% since October 22, 2016 and is uptrending. It has outperformed by 2.14% the S&P500.

Fortive Corporation is an industrial growth company, which operates businesses that design, develop, manufacture, service and market professional and engineered products, software and services for a range of end markets. The company has a market cap of $18.92 billion. The Firm has two divisions: Professional Instrumentation and Industrial Technologies. It has a 21.36 P/E ratio. The Company’s Professional Instrumentation segment consists of instrumentation and solutions, and sensing technologies businesses.

Fortive Corp (NYSE:FTV) Ratings Coverage

Out of 3 analysts covering Fortive (NYSE:FTV), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Fortive has been the topic of 3 analyst reports since July 6, 2016 according to StockzIntelligence Inc. The stock of Fortive Corp (NYSE:FTV) has “Neutral” rating given on Friday, July 8 by Robert W. Baird. Barclays Capital initiated the stock with “Overweight” rating in Wednesday, July 6 report. The rating was initiated by Raymond James on Friday, September 23 with “Outperform”.

FTV Company Profile

Fortive Corporation (Fortive) is an industrial growth company, which operates businesses that design, develop, manufacture, service and market professional and engineered products, software and services for a range of end markets. The Firm has two divisions: Professional Instrumentation and Industrial Technologies. The Company’s Professional Instrumentation segment consists of instrumentation and solutions, and sensing technologies businesses. The Company’s Industrial Technologies segment consists of transportation technologies, automation and specialty components, and franchise distribution businesses.

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