Heidelberg Materials AG (OTCMKTS:HLBZF) Announces Dividend of $3.30

Heidelberg Materials AG (OTCMKTS:HLBZF) announced a dividend on Friday, May 16th, investing.com reports. Shareholders of record on Monday, May 19th will be given a dividend of 3.30 per share on Tuesday, May 20th. This represents a yield of 1.72%. The ex-dividend date is Friday, May 16th.

Heidelberg Materials Stock Performance

OTCMKTS HLBZF opened at $210.14 on Friday. The company has a 50-day simple moving average of $188.97 and a two-hundred day simple moving average of $152.08. Heidelberg Materials has a 12-month low of $93.27 and a 12-month high of $220.10.

Analysts Set New Price Targets

Separately, Royal Bank of Canada restated an “outperform” rating on shares of Heidelberg Materials in a research report on Monday, April 14th.

Heidelberg Materials Company Profile

Heidelberg Materials AG, together with its subsidiaries, produces and distributes cement, aggregates, ready-mixed concrete, and asphalt worldwide. It provides cement products; natural stone aggregates, including sand and gravel; crushed aggregates comprising stone chippings and crushed stones; and ready-mixed concrete for use in the construction of tunnels or bridges, office buildings, or schools, as well as to produce precast concrete parts, such as stairs, ceiling elements, or structural components.