Arkema S.A. (OTCMKTS:ARKAY) to Issue Dividend of $3.74

Arkema S.A. (OTCMKTS:ARKAY - Get Free Report) announced a dividend on Wednesday, May 1st, NASDAQ reports. Investors of record on Thursday, May 16th will be given a dividend of 3.7363 per share by the basic materials company on Wednesday, June 5th. The ex-dividend date of this dividend is Wednesday, May 15th. This is an increase from Arkema's previous dividend of $3.03.

Arkema Stock Performance

Arkema stock remained flat at $105.70 during mid-day trading on Wednesday. 304 shares of the company's stock traded hands, compared to its average volume of 4,294. Arkema has a 52-week low of $85.58 and a 52-week high of $114.15. The business has a fifty day moving average price of $103.84 and a 200 day moving average price of $103.24. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.64 and a current ratio of 2.25. The firm has a market capitalization of $7.93 billion, a PE ratio of 18.22, a P/E/G ratio of 0.46 and a beta of 1.37.

Arkema (OTCMKTS:ARKAY - Get Free Report) last released its quarterly earnings results on Thursday, February 29th. The basic materials company reported $1.54 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.87 by ($0.33). Arkema had a return on equity of 8.92% and a net margin of 4.40%. The company had revenue of $2.39 billion for the quarter, compared to the consensus estimate of $2.44 billion. As a group, research analysts predict that Arkema will post 9.42 EPS for the current fiscal year.

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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