Sika AG (OTCMKTS:SXYAY – Get Free Report) declared a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Stockholders of record on Friday, March 28th will be given a dividend of 0.2025 per share on Tuesday, April 15th. The ex-dividend date is Friday, March 28th. This is a 24.6% increase from Sika’s previous dividend of $0.16.
Sika Price Performance
OTCMKTS:SXYAY opened at $25.84 on Wednesday. Sika has a 52-week low of $23.25 and a 52-week high of $33.52. The stock has a fifty day moving average of $25.74 and a 200 day moving average of $26.99.
Analysts Set New Price Targets
Separately, Barclays downgraded Sika from a “strong-buy” rating to a “strong sell” rating in a research report on Monday, January 6th.
About Sika
Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry worldwide. The company offers tile adhesives and grouts, systems for under-tile waterproofing, sound reduction, renders, decorative finishes for exterior and interior walls, as well as exterior insulation finishing system; develops admixtures and additives for concrete, cement, and mortar production; and flat roofing systems.
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