Klabin SA (OTCMKTS:KLBAY - Get Free Report) declared a dividend on Tuesday, August 12th, investing.com reports. Stockholders of record on Monday, August 18th will be paid a dividend of 0.0911 per share by the basic materials company on Friday, August 29th. This represents a dividend yield of 490.0%. The ex-dividend date is Friday, August 15th. This is a 624.8% increase from Klabin's previous dividend of $0.01.
Klabin Stock Performance
Shares of OTCMKTS KLBAY traded up $0.09 during mid-day trading on Friday, hitting $6.85. The company had a trading volume of 50 shares, compared to its average volume of 495. The company has a market capitalization of $21.17 billion, a price-to-earnings ratio of 11.42, a P/E/G ratio of 0.53 and a beta of 1.03. Klabin has a 1 year low of $5.57 and a 1 year high of $9.19. The company has a current ratio of 1.96, a quick ratio of 1.44 and a debt-to-equity ratio of 3.06. The stock's 50-day moving average price is $6.97 and its 200-day moving average price is $6.86.
Klabin (OTCMKTS:KLBAY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The basic materials company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. The company had revenue of $913.44 million during the quarter, compared to analysts' expectations of $5.48 billion. Klabin had a return on equity of 19.37% and a net margin of 9.90%. On average, sell-side analysts forecast that Klabin will post 0.02 earnings per share for the current year.
About Klabin
(
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Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.
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