Akzo Nobel (OTCMKTS:AKZOY) Announces Dividend Increase – $0.45 Per Share

Akzo Nobel (OTCMKTS:AKZOYGet Free Report) declared a dividend on Saturday, March 30th, NASDAQ reports. Stockholders of record on Tuesday, April 30th will be given a dividend of 0.4498 per share by the basic materials company on Tuesday, May 14th. The ex-dividend date is Monday, April 29th. This is a positive change from Akzo Nobel’s previous dividend of $0.11.

Akzo Nobel Price Performance

AKZOY opened at $24.92 on Monday. Akzo Nobel has a 1 year low of $21.47 and a 1 year high of $29.03. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.86 and a current ratio of 1.16. The company’s 50 day simple moving average is $24.67 and its 200 day simple moving average is $24.79. The stock has a market capitalization of $12.77 billion, a PE ratio of 26.51, a P/E/G ratio of 0.82 and a beta of 1.27.

Akzo Nobel (OTCMKTS:AKZOYGet Free Report) last announced its quarterly earnings results on Wednesday, February 7th. The basic materials company reported $0.15 earnings per share for the quarter. The company had revenue of $2.72 billion for the quarter. Akzo Nobel had a net margin of 4.15% and a return on equity of 11.41%. As a group, sell-side analysts expect that Akzo Nobel will post 1.46 EPS for the current year.

Akzo Nobel Company Profile

(Get Free Report)

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.

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Dividend History for Akzo Nobel (OTCMKTS:AKZOY)

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