A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Plans Dividend of $0.78

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) declared a dividend on Thursday, February 20th, NASDAQ Dividends reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.7832 per share by the transportation company on Monday, April 7th. The ex-dividend date of this dividend is Thursday, March 20th. This is an increase from A.P. Møller – Mærsk A/S’s previous dividend of $0.28.

A.P. Møller – Mærsk A/S Price Performance

A.P. Møller – Mærsk A/S stock traded down $0.14 during trading on Friday, reaching $8.58. The company had a trading volume of 185,616 shares, compared to its average volume of 245,324. A.P. Møller – Mærsk A/S has a 1-year low of $6.26 and a 1-year high of $9.75. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.41 and a current ratio of 2.45. The firm’s 50-day simple moving average is $7.88 and its 200 day simple moving average is $7.85. The firm has a market capitalization of $27.16 billion, a PE ratio of 4.40 and a beta of 1.14.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) last announced its quarterly earnings results on Thursday, February 13th. The transportation company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.27. A.P. Møller – Mærsk A/S had a net margin of 11.01% and a return on equity of 11.03%. As a group, equities research analysts anticipate that A.P. Møller – Mærsk A/S will post 0.41 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Morgan Stanley lowered shares of A.P. Møller – Mærsk A/S from an “equal weight” rating to an “underweight” rating in a research report on Wednesday, December 4th. Four investment analysts have rated the stock with a sell rating and one has issued a hold rating to the stock. According to data from MarketBeat, A.P. Møller – Mærsk A/S currently has an average rating of “Reduce”.

About A.P. Møller – Mærsk A/S

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.