OM Group Inc. (OMG) Announces Quarterly Dividend of $0.08

Share on StockTwits

OM Group (NYSE:OMG) declared a quarterly dividend on Thursday, February 13th, Stock Ratings Network.com reports. Investors of record on Monday, February 24th will be given a dividend of 0.075 per share on Friday, March 7th. This represents a $0.30 dividend on an annualized basis and a yield of 0.92%. The ex-dividend date of this dividend is Thursday, February 20th.

On the ratings front, analysts at Northcoast Research upgraded shares of OM Group to a “buy” rating in a research note on Thursday, December 12th.

OM Group (NYSE:OMG) traded down 0.20% on Friday, hitting $32.615. 16,210 shares of the company’s stock traded hands. OM Group has a 52-week low of $22.22 and a 52-week high of $37.58. The stock’s 50-day moving average is $34.53 and its 200-day moving average is $32.77. The company’s market cap is $1.043 billion.

OM Group (NYSE:OMG) last announced its earnings results on Thursday, February 13th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.07. The company had revenue of $270.50 million for the quarter, compared to the consensus estimate of $236.80 million. During the same quarter in the previous year, the company posted ($0.13) earnings per share. The company’s revenue for the quarter was down 14.7% on a year-over-year basis. On average, analysts predict that OM Group will post $1.54 earnings per share for the current fiscal year.

OM Group, Inc is a diversified industrial growth company serving attractive global markets, including automotive systems, electronic devices, aerospace, general industrial and renewable energy.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

Novartis, GlaxoSmitheKline and Eli Lilly Announce Deals
Novartis, GlaxoSmitheKline and Eli Lilly Announce Deals
Chobani Moving Beyond Just Greek Yogurt
Chobani Moving Beyond Just Greek Yogurt
IBM Reports Drop In Revenue And Profit
IBM Reports Drop In Revenue And Profit
Google Fails To Meet Expectations In First Quarter
Google Fails To Meet Expectations In First Quarter
Shipments of Xbox One Surpass Five Million
Shipments of Xbox One Surpass Five Million
Yahoo Revenue and Earnings Beat the Street
Yahoo Revenue and Earnings Beat the Street


Leave a Reply

 
© 2006-2014 Zolmax. Subscribe