Libbey Inc. (LBY) Increases Dividend to $0.12 Per Share

Libbey Inc. (NYSEAMERICAN:LBY) announced a quarterly dividend on Tuesday, February 6th, RTT News reports. Shareholders of record on Wednesday, February 28th will be given a dividend of 0.1175 per share on Tuesday, March 13th. This represents a $0.47 annualized dividend and a yield of 7.46%. This is a positive change from Libbey’s previous quarterly dividend of $0.12.

Libbey (LBY) traded up $0.01 during mid-day trading on Tuesday, hitting $6.30. The company had a trading volume of 142,547 shares, compared to its average volume of 159,313. The firm has a market cap of $146.63, a price-to-earnings ratio of -1.66 and a beta of 1.06. Libbey has a 1-year low of $5.81 and a 1-year high of $18.33.

LBY has been the topic of several analyst reports. Zacks Investment Research lowered Libbey from a “hold” rating to a “strong sell” rating in a report on Friday, November 3rd. TheStreet downgraded Libbey from a “c-” rating to a “d” rating in a research report on Tuesday, October 31st.

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Libbey Company Profile

Libbey Inc is engaged in the design, production and sale of tableware and other products. The Company’s segments are U.S. & Canada; Latin America; Europe, the Middle East and Africa (EMEA) and Other. The U.S. & Canada segment includes sales of manufactured and sourced tableware having an end market destination in the United States and Canada, excluding glass products for original equipment manufacturers (OEMs), which remain in the Latin America segment.

Dividend History for Libbey (NYSEAMERICAN:LBY)

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