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

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) announced a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Friday, May 23rd will be paid 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 Up 1.2%

OTCMKTS ARKAY opened at $76.66 on Tuesday. Arkema has a 52 week low of $64.94 and a 52 week high of $106.39. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. The business's fifty day simple moving average is $75.85 and its 200-day simple moving average is $78.81. The firm has a market cap of $5.83 billion, a PE ratio of 15.33, a P/E/G ratio of 0.53 and a beta of 1.11.

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

Analysts Set New Price Targets

Separately, Sanford C. Bernstein initiated coverage on Arkema in a research note on Thursday, April 24th. They issued an "underperform" rating for the company.

About Arkema

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.

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