Akzo Nobel (AKZOY) To Go Ex-Dividend on April 30th

Akzo Nobel (OTCMKTS:AKZOY) declared a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 30th will be given a dividend of 0.5384 per share by the basic materials company on Wednesday, May 14th. The ex-dividend date of this dividend is Wednesday, April 30th. This is a 240.1% increase from Akzo Nobel’s previous dividend of $0.16.

Akzo Nobel Trading Up 0.1 %

AKZOY stock opened at $21.37 on Monday. Akzo Nobel has a 1-year low of $18.07 and a 1-year high of $24.12. The firm has a market cap of $10.96 billion, a P/E ratio of 22.26, a P/E/G ratio of 0.67 and a beta of 1.13. The business’s 50 day moving average is $20.64 and its 200-day moving average is $20.48. The company has a current ratio of 1.23, a quick ratio of 0.87 and a debt-to-equity ratio of 0.76.

Akzo Nobel (OTCMKTS:AKZOY) last released its earnings results on Wednesday, April 23rd. The basic materials company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. The firm had revenue of $2.75 billion for the quarter, compared to analyst estimates of $2.64 billion. Akzo Nobel had a return on equity of 12.45% and a net margin of 4.26%. Equities analysts anticipate that Akzo Nobel will post 1.52 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Barclays reiterated an “overweight” rating on shares of Akzo Nobel in a research report on Monday, February 3rd. The Goldman Sachs Group upgraded Akzo Nobel from a “sell” rating to a “buy” rating in a report on Thursday, March 6th.

About Akzo Nobel

Akzo Nobel N.V. engages in the production and sale of paints and coatings worldwide. The company operates through two segments: Decorative Paints and Performance Coatings. It offers decorative paints, including paints, lacquers, and varnishes; and a range of mixing machines and color concepts for the building and renovation industry, as well as specialty coatings.