Mercer International Inc. (NASDAQ:MERC) (TSE:MRI.U) announced a dividend on Thursday, October 31st, Fidelity reports. Shareholders of record on Thursday, December 12th will be paid a dividend of 0.1375 per share by the basic materials company on Thursday, December 19th. The ex-dividend date of this dividend is Wednesday, December 11th. This is a positive change from Mercer International’s previous dividend of $0.12.
Mercer International stock opened at $12.10 on Monday. The company has a quick ratio of 2.52, a current ratio of 3.84 and a debt-to-equity ratio of 1.72. Mercer International has a 52-week low of $9.36 and a 52-week high of $17.74. The firm has a market cap of $794.11 million, a PE ratio of 6.17 and a beta of 1.59. The company’s 50 day moving average is $12.35 and its two-hundred day moving average is $12.99.
Mercer International (NASDAQ:MERC) (TSE:MRI.U) last posted its quarterly earnings results on Thursday, October 31st. The basic materials company reported $0.02 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.04. Mercer International had a net margin of 6.34% and a return on equity of 17.72%. The business had revenue of $383.54 million during the quarter, compared to the consensus estimate of $398.57 million. During the same quarter in the previous year, the firm posted $0.63 earnings per share. The company’s quarterly revenue was up 15.9% compared to the same quarter last year. On average, equities research analysts anticipate that Mercer International will post 0.55 earnings per share for the current fiscal year.
Mercer International Company Profile
Mercer International Inc, together with its subsidiaries, manufactures and sells northern bleached softwood Kraft (NBSK) pulp in the United States, Europe, Asia, and internationally. The company operates in two segments, Pulp and Wood Products. It produces NBSK pulp primarily from wood chips and pulp logs; carbon neutral or green energy using carbon-neutral bio-fuels, such as black liquor and wood waste; and tall oil for use as a chemical additive and green energy source.
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