Norbord Inc. (NYSE:OSB) announced a quarterly dividend on Tuesday, July 26th. Investors of record on Thursday, September 1st will be paid a dividend of 0.0766 per share on Wednesday, September 21st. This represents a $0.31 annualized dividend and a yield of 1.26%. The ex-dividend date of this dividend is Tuesday, August 30th.
Shares of Norbord (NYSE:OSB) traded down 2.02% during trading on Tuesday, reaching $23.79. 20,718 shares of the company’s stock traded hands. Norbord has a 1-year low of $15.12 and a 1-year high of $24.44. The stock has a market capitalization of $2.03 billion and a PE ratio of 580.24. The company has a 50 day moving average price of $21.11 and a 200 day moving average price of $20.22.
Several brokerages recently weighed in on OSB. TheStreet raised shares of Norbord from a “sell” rating to a “hold” rating in a report on Friday. Zacks Investment Research lowered shares of Norbord from a “buy” rating to a “hold” rating in a research note on Tuesday, July 5th.
