Mowi ASA (OTCMKTS:MHGVY) Increases Dividend to $0.14 Per Share

Mowi ASA (OTCMKTS:MHGVY) declared a dividend on Wednesday, November 6th,NASDAQ Dividends reports. Shareholders of record on Monday, November 18th will be given a dividend of 0.1358 per share on Monday, December 2nd. The ex-dividend date of this dividend is Monday, November 18th. This is a positive change from Mowi ASA’s previous dividend of $0.12.

Mowi ASA Stock Up 1.3 %

Shares of Mowi ASA stock opened at $17.68 on Friday. The company has a market capitalization of $9.14 billion, a P/E ratio of 19.64, a price-to-earnings-growth ratio of 2.45 and a beta of 1.33. The company has a debt-to-equity ratio of 0.58, a current ratio of 3.13 and a quick ratio of 0.79. The business has a 50-day moving average of $17.72 and a two-hundred day moving average of $17.45. Mowi ASA has a 1 year low of $15.89 and a 1 year high of $19.80.

Mowi ASA (OTCMKTS:MHGVY) last posted its earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.03). The business had revenue of $1.44 billion for the quarter. Mowi ASA had a return on equity of 13.65% and a net margin of 8.92%. As a group, equities analysts predict that Mowi ASA will post 0.95 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank upgraded shares of Mowi ASA to a “hold” rating in a report on Thursday, September 19th.

Mowi ASA Company Profile

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.