A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Increases Dividend to $0.78 Per Share

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) declared a dividend on Thursday, February 20th, NASDAQ Dividends reports. Investors of record on Thursday, March 20th will be given a dividend of 0.7832 per share by the transportation company on Monday, April 7th. The ex-dividend date is Thursday, March 20th. This is a 175.9% increase from A.P. Møller – Mærsk A/S’s previous dividend of $0.28.

A.P. Møller – Mærsk A/S Trading Up 3.0 %

AMKBY opened at $8.97 on Tuesday. The firm has a market capitalization of $28.40 billion, a P/E ratio of 4.60 and a beta of 1.07. The firm’s 50 day moving average is $8.12 and its 200-day moving average is $7.99. A.P. Møller – Mærsk A/S has a 52-week low of $6.26 and a 52-week high of $9.76. The company has a quick ratio of 2.33, a current ratio of 2.45 and a debt-to-equity ratio of 0.08.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last released its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a net margin of 11.01% and a return on equity of 11.03%. Analysts expect that A.P. Møller – Mærsk A/S will post 0.41 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Morgan Stanley downgraded shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th.

A.P. Møller – Mærsk A/S Company Profile

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.