ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Raises Dividend to $0.13 Per Share

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) announced a dividend on Tuesday, March 26th, NASDAQ reports. Investors of record on Friday, April 26th will be paid a dividend of 0.1316 per share by the industrial products company on Friday, May 17th. The ex-dividend date is Thursday, April 25th. This is an increase from ASSA ABLOY AB (publ)’s previous dividend of $0.11.

ASSA ABLOY AB (publ) Trading Up 2.6 %

Shares of OTCMKTS ASAZY opened at $14.38 on Wednesday. The firm has a fifty day moving average of $14.30 and a 200 day moving average of $13.29. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.10 and a quick ratio of 0.68. ASSA ABLOY AB has a one year low of $10.17 and a one year high of $15.09.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its quarterly earnings results on Wednesday, February 7th. The industrial products company reported $0.17 EPS for the quarter, hitting the consensus estimate of $0.17. ASSA ABLOY AB (publ) had a net margin of 10.39% and a return on equity of 16.10%. The company had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.60 billion. As a group, analysts forecast that ASSA ABLOY AB will post 0.69 EPS for the current fiscal year.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.