Klabin (OTCMKTS:KLBAY) Reaches New 12-Month Low at $7.79

Klabin S.A. (OTCMKTS:KLBAYGet Rating) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $7.79 and last traded at $7.79, with a volume of 1100 shares trading hands. The stock had previously closed at $8.14.

The company has a 50 day moving average price of $8.67 and a 200 day moving average price of $9.18.

The firm also recently declared a dividend, which was paid on Tuesday, May 31st. Shareholders of record on Monday, May 16th were issued a dividend of $0.1211 per share. This represents a yield of 4.74%. The ex-dividend date was Friday, May 13th.

About Klabin (OTCMKTS:KLBAY)

Klabin SA, together with its subsidiaries, operates in the paper and pulp industry in Brazil and internationally. It operates through Forestry, Paper, Conversion, and Pulp segments. The Forestry segment engages in the planting and forestry operations of pine and eucalyptus; and sale of wood logs. The Paper segment produces and sells reels of cardboard, kraftliner, and recycled paper.

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