MOWI ASA/ADR Announces Quarterly Dividend of $0.24 (OTCMKTS:MHGVY)

MOWI ASA/ADR (OTCMKTS:MHGVY) announced a quarterly dividend on Wednesday, October 30th, Zacks reports. Investors of record on Tuesday, November 12th will be paid a dividend of 0.235 per share on Monday, November 25th. This represents a $0.94 annualized dividend and a yield of 3.88%. The ex-dividend date is Friday, November 8th.

MOWI ASA/ADR stock traded down $0.05 during mid-day trading on Wednesday, hitting $24.24. 45,453 shares of the company’s stock were exchanged, compared to its average volume of 123,721. The firm has a market capitalization of $12.77 billion, a P/E ratio of 20.29 and a beta of 0.13. The company’s 50 day simple moving average is $23.89 and its 200-day simple moving average is $23.85. The company has a quick ratio of 0.92, a current ratio of 3.54 and a debt-to-equity ratio of 0.49. MOWI ASA/ADR has a fifty-two week low of $20.57 and a fifty-two week high of $25.99.

MOWI ASA/ADR (OTCMKTS:MHGVY) last posted its quarterly earnings results on Wednesday, August 21st. The company reported $0.33 EPS for the quarter, missing the Zacks’ consensus estimate of $0.42 by ($0.09). The company had revenue of $1.15 billion during the quarter. MOWI ASA/ADR had a return on equity of 18.51% and a net margin of 10.71%.

MOWI ASA/ADR Company Profile

Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. The company operates through three segments: Feed, Farming, and Sales and Marketing. It is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. The company offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos.

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Dividend History for MOWI ASA/ADR (OTCMKTS:MHGVY)

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