Akzo Nobel (OTCMKTS:AKZOY – Get Free Report) issued its earnings results on Tuesday. The basic materials company reported $0.26 earnings per share (EPS) for the quarter, reports. The firm had revenue of $2.88 billion for the quarter. Akzo Nobel had a net margin of 4.15% and a return on equity of 11.52%.
Akzo Nobel Price Performance
AKZOY opened at $21.90 on Friday. Akzo Nobel has a 12-month low of $21.47 and a 12-month high of $29.03. The business’s fifty day simple moving average is $24.07 and its 200-day simple moving average is $24.70. The company has a market capitalization of $11.22 billion, a price-to-earnings ratio of 19.90, a PEG ratio of 0.73 and a beta of 1.27. The company has a current ratio of 1.06, a quick ratio of 0.77 and a debt-to-equity ratio of 0.70.
Akzo Nobel Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Tuesday, May 14th. Shareholders of record on Tuesday, April 30th will be given a $0.4498 dividend. The ex-dividend date is Monday, April 29th. This is an increase from Akzo Nobel’s previous dividend of $0.11. Akzo Nobel’s dividend payout ratio is 24.47%.
Analyst Ratings Changes
Read Our Latest Research Report on Akzo Nobel
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.
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