Fuchs Petrolub SE (OTCMKTS:FUPBY) Increases Dividend to $0.19 Per Share


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Fuchs Petrolub SE (OTCMKTS:FUPBY) declared an annual dividend on Tuesday, April 6th, Zacks reports. Shareholders of record on Thursday, May 6th will be given a dividend of 0.189 per share on Monday, May 24th. This represents a yield of 1.53%. The ex-dividend date is Wednesday, May 5th. This is an increase from Fuchs Petrolub’s previous annual dividend of $0.17.

FUPBY opened at $12.36 on Thursday. Fuchs Petrolub has a 52 week low of $8.52 and a 52 week high of $14.92. The business’s 50 day moving average is $12.92 and its two-hundred day moving average is $13.63.

Several research analysts have commented on FUPBY shares. Stifel Nicolaus raised Fuchs Petrolub from a “sell” rating to a “hold” rating in a research report on Friday, March 19th. Kepler Capital Markets raised Fuchs Petrolub from a “hold” rating to a “buy” rating in a research report on Tuesday, January 12th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Fuchs Petrolub in a research note on Wednesday, March 10th. Berenberg Bank reiterated a “buy” rating on shares of Fuchs Petrolub in a research note on Wednesday, January 13th. Finally, Credit Suisse Group reiterated an “underperform” rating on shares of Fuchs Petrolub in a research note on Friday, March 19th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $16.00.

About Fuchs Petrolub

Fuchs Petrolub SE develops, produces, and sells lubricants and related specialties worldwide. It offers engine and gear oils, central hydraulic oils, greases, shock absorber fluids, biodegradable lubricants; service fluids and dry coating products; multi-purpose/long-life, wheel bearing, food grade, and biodegradable greases; greases for plain and roller bearings, extreme temperatures, rail vehicles, machine tools, and central lubricating systems; gear boxes; and assembly pastes and greases in spray cans; slide way, hydraulic, refrigeration, compressor, machine, textile machine, industrial, turbine, and cylinder oils; and biodegradable, open gear, and chain lubricants, as well as release agents.

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