Fortive’s stock has underperformed the Dow Jones Industrials in the last year, but analysts are optimistic about its future.

Additionally, Fortive Corporation recently announced a dividend of $0.07 per share, payable on December 31 to shareholders of record as of November 30.

The company reported third-quarter earnings of $0.73 per share, beating analysts’ expectations of $0.63 per share.

Fortive’s revenue for the quarter was $1.8 billion, up from $1.7 billion in the same period last year.

Overall, Fortive continues to show strong financial performance and growth potential.

Read more at Barchart: Is Fortive Stock Underperforming the Dow?