Arkema S.A. (OTCMKTS:ARKAY) Raises Dividend to $3.74 Per Share

Arkema S.A. (OTCMKTS:ARKAY) declared a dividend on Wednesday, May 1st, NASDAQ reports. Investors of record on Thursday, May 16th will be given 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 a boost from Arkema’s previous dividend of $3.03.

Arkema Price Performance

ARKAY opened at $105.70 on Thursday. The company has a quick ratio of 1.64, a current ratio of 2.25 and a debt-to-equity ratio of 0.40. Arkema has a twelve month low of $85.58 and a twelve month high of $114.15. The company’s 50-day moving average price is $103.86 and its two-hundred day moving average price is $103.25. The stock has a market cap of $7.93 billion, a price-to-earnings ratio of 11.20, a PEG ratio of 0.46 and a beta of 1.35.

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