Arkema S.A. (OTCMKTS:ARKAY) Declares Dividend of $3.43

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) declared a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Friday, May 23rd will be given a dividend of 3.4274 per share by the basic materials company on Thursday, June 12th. This represents a yield of 4.47%. The ex-dividend date is Thursday, May 22nd.

Arkema Stock Down 2.4%

OTCMKTS:ARKAY traded down $1.77 during trading hours on Friday, hitting $70.55. The company's stock had a trading volume of 8,961 shares, compared to its average volume of 15,317. The stock has a market capitalization of $5.37 billion, a P/E ratio of 14.11, a price-to-earnings-growth ratio of 0.53 and a beta of 1.11. The stock has a fifty day moving average of $74.56 and a 200-day moving average of $78.46. The company has a current ratio of 2.11, a quick ratio of 1.54 and a debt-to-equity ratio of 0.48. Arkema has a 52-week low of $64.94 and a 52-week high of $102.48.

Arkema (OTCMKTS:ARKAY - Get Free Report) last posted its earnings results on Wednesday, May 7th. The basic materials company reported $1.37 EPS for the quarter, missing the consensus estimate of $1.45 by ($0.08). The business had revenue of $2.70 billion during the quarter, compared to analysts' expectations of $2.44 billion. Arkema had a net margin of 3.82% and a return on equity of 8.04%. On average, equities analysts forecast that Arkema will post 8.36 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on Arkema in a report on Thursday, April 24th. They set an "underperform" rating on the stock.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.