Corbion (OTCMKTS:CSNVY – Get Free Report) shares rose 8.3% during mid-day trading on Monday . The company traded as high as $22.73 and last traded at $22.73. Approximately 100 shares traded hands during trading, a decline of 56% from the average daily volume of 226 shares. The stock had previously closed at $20.98.
Corbion Stock Performance
The firm’s 50 day simple moving average is $20.43 and its 200 day simple moving average is $21.95.
Corbion Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, June 11th. Investors of record on Tuesday, May 20th were issued a dividend of $0.5446 per share. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, May 19th. This is a boost from Corbion’s previous dividend of $0.48. Corbion’s dividend payout ratio (DPR) is 128.66%.
About Corbion
Corbion N.V. provides lactic acid and lactic acid derivatives, other ferment, functional enzyme blends, minerals, vitamins, and algae ingredients worldwide. It offers ingredient solutions for the food, home and personal care, animal nutrition, supplements, pharmaceuticals, medical devices, and bioplastics markets.
Read More
- Five stocks we like better than Corbion
- Manufacturing Stocks Investing
- New Catalysts to Drive NVIDIA’s Stock Price Even Higher
- How to Evaluate a Stock Before Buying
- China Market Movers: MCHI, PDD, BIDU Show Bullish Trends
- NYSE Stocks Give Investors a Variety of Quality Options
- Palantir Defies Bears, Leads S&P 500 in 2025
Receive News & Ratings for Corbion Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Corbion and related companies with MarketBeat.com's FREE daily email newsletter.
