Elementis Announces Dividend of $0.04 (OTCMKTS:ELMTY)

Key Points

• Elementis declared a dividend of $0.04 per share, with stockholders of record set to receive the payment on October 14th.
• The dividend yield stands at an impressive 131.0%, showcasing the company's strong return to investors.
• Elementis operates in the specialty chemical sector with a focus on Performance Specialties and Personal Care segments across multiple regions, including Europe and North America.

Elementis (OTCMKTS:ELMTY - Get Free Report) declared a dividend on Tuesday, August 12th, investing.com reports. Shareholders of record on Monday, August 18th will be paid a dividend of 0.0409 per share on Tuesday, October 14th. This represents a yield of 131.0%. The ex-dividend date of this dividend is Friday, August 15th.

Elementis Trading Up 0.5%

ELMTY stock traded up $0.05 during midday trading on Friday, reaching $10.65. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.64 and a quick ratio of 1.48. Elementis has a fifty-two week low of $8.61 and a fifty-two week high of $10.65. The firm has a fifty day moving average price of $8.51 and a 200-day moving average price of $7.67.

About Elementis

Elementis plc operates as a specialty chemical company in the United Kingdom, rest of Europe, North America, and internationally. It operates in two segments, Performance Specialties and Personal Care. The Performance Specialties segment engages in the production of rheological modifiers and additives for decorative and industrial coatings; and production and supply of talc for use in plastics, coatings, technical ceramics, and paper sectors.