Klabin S.A. (OTCMKTS:KLBAY – Get Free Report) declared a dividend on Tuesday, April 30th, investing.com reports. Shareholders of record on Tuesday, May 7th will be paid a dividend of 0.1157 per share by the basic materials company on Tuesday, May 28th. This represents a yield of 4.79%. The ex-dividend date of this dividend is Monday, May 6th. This is a positive change from Klabin’s previous dividend of $0.01.
Klabin Price Performance
Shares of Klabin stock opened at $8.49 on Friday. Klabin has a 1-year low of $7.42 and a 1-year high of $10.26. The company has a market capitalization of $4.77 billion, a PE ratio of 12.56, a P/E/G ratio of 0.61 and a beta of 1.12. The business has a 50-day moving average of $9.33 and a 200-day moving average of $9.11.
Shares of Klabin are set to split on the morning of Tuesday, May 7th. The 11-10 split was announced on Tuesday, May 7th. The newly created shares will be payable to shareholders after the closing bell on Tuesday, May 7th.
Klabin Company Profile
Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.
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