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Xylem (XYL) Stock News, Sep-Oct 2020

XYL NYSE

Xylem Inc. reports news as a global water solutions company serving utility, industrial, commercial and residential water markets. Company updates commonly cover orders, revenue, earnings, organic growth, guidance and non-GAAP financial measures, along with capital allocation actions such as common-stock repurchase authorizations.

Xylem news also includes investor conference participation, water-security research, clean water initiatives and technology themes tied to water transport, treatment, testing, reuse, leakage reduction and resource management.

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The Board of Directors of Xylem (NYSE: XYL) has announced a $0.26 dividend per share, payable on December 3, 2020, to shareholders recorded as of November 5, 2020. Xylem is a dominant global water technology firm dedicated to addressing water challenges through innovation. With over 16,000 employees, the company reported $5.25 billion in revenue for 2019, emphasizing its commitment to sustainable water management in more than 150 countries.

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Xylem Inc. (NYSE: XYL) will release its third quarter 2020 results on October 29, 2020, at 6:55 a.m. (ET). A conference call for investors will follow at 10:00 a.m. (ET), accessible by calling +1 (973) 935-2945 (ID # 7096699) or through the Investors Events page. A replay will be available until November 30, 2020, via telephone and the same Investors Events page.

Xylem reported $5.25 billion in revenue for 2019, focusing on innovative water technology solutions.

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Xylem (XYL) is addressing water scarcity in the U.K. through a partnership with Anglian Water and Arqiva. Their initiative involves deploying a smart water network to conserve up to 30 million liters of water daily by 2025, driven by data and smart technology. The project, detailed in Xylem's Sustainability Report, aims to improve customer education on water usage and enable better leak detection. The collaboration highlights the importance of water efficiency as a critical goal for utilities. This effort reinforces Xylem's role in promoting sustainable water management.

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FAQ

What is the current stock price of Xylem (XYL)?

Xylem (XYL) last closed at $94.18.

What is the market cap of Xylem (XYL)?

The market cap of Xylem (XYL) is approximately $21.6B.