Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 30th will be given a dividend of 0.5384 per share by the basic materials company on Wednesday, May 14th. The ex-dividend date of this dividend is Wednesday, April 30th. This is a 240.1% increase from Akzo Nobel's previous dividend of $0.16.
Akzo Nobel Price Performance
AKZOY stock traded up $0.38 during trading on Friday, hitting $21.60. The company had a trading volume of 46,237 shares, compared to its average volume of 130,185. Akzo Nobel has a fifty-two week low of $18.07 and a fifty-two week high of $24.12. The company has a current ratio of 1.23, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76. The company has a fifty day moving average price of $20.73 and a two-hundred day moving average price of $20.47. The company has a market cap of $11.08 billion, a P/E ratio of 22.50, a P/E/G ratio of 0.67 and a beta of 1.13.
Akzo Nobel (OTCMKTS:AKZOY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 23rd. The basic materials company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. The firm had revenue of $2.75 billion during the quarter, compared to the consensus estimate of $2.64 billion. Akzo Nobel had a net margin of 4.26% and a return on equity of 12.45%. Equities research analysts expect that Akzo Nobel will post 1.52 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several analysts have recently commented on AKZOY shares. The Goldman Sachs Group upgraded Akzo Nobel from a "sell" rating to a "buy" rating in a report on Thursday, March 6th. Barclays reaffirmed an "overweight" rating on shares of Akzo Nobel in a research note on Monday, February 3rd.
Check Out Our Latest Stock Analysis on Akzo Nobel
About Akzo Nobel
(
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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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