Arkema S.A. (OTCMKTS:ARKAY) Declares Dividend Increase – $3.74 Per Share

Arkema S.A. (OTCMKTS:ARKAY) announced a dividend on Wednesday, May 1st, NASDAQ reports. Investors of record on Thursday, May 16th will be paid a dividend of 3.7363 per share by the basic materials company on Wednesday, June 5th. The ex-dividend date is Wednesday, May 15th. This is an increase from Arkema’s previous dividend of $3.03.

Arkema Price Performance

Shares of OTCMKTS ARKAY opened at $105.70 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.25 and a quick ratio of 1.64. Arkema has a 1-year low of $85.58 and a 1-year high of $114.15. The company has a market capitalization of $7.93 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 0.46 and a beta of 1.35. The business has a 50-day moving average of $103.86 and a 200-day moving average of $103.25.

Arkema (OTCMKTS:ARKAY) last released its quarterly earnings results on Thursday, February 29th. The basic materials company reported $1.54 earnings per share for the quarter, missing analysts’ consensus estimates of $1.87 by ($0.33). Arkema had a return on equity of 8.92% and a net margin of 4.40%. The company had revenue of $2.39 billion during the quarter, compared to analysts’ expectations of $2.44 billion. On average, equities analysts anticipate that Arkema will post 9.42 EPS for the current fiscal year.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.