Klabin S.A. (OTCMKTS:KLBAY – Get Free Report) announced a dividend on Thursday, December 12th,NASDAQ Dividends reports. Shareholders of record on Monday, December 23rd will be paid a dividend of 0.0718 per share by the basic materials company on Monday, March 24th. The ex-dividend date of this dividend is Monday, December 23rd.
Klabin Price Performance
Klabin stock opened at $7.13 on Friday. Klabin has a 52 week low of $6.75 and a 52 week high of $9.33. The company’s 50 day moving average price is $7.36 and its two-hundred day moving average price is $7.55. The stock has a market cap of $4.41 billion, a P/E ratio of 11.06, a P/E/G ratio of 15.25 and a beta of 1.10. The company has a quick ratio of 2.39, a current ratio of 2.85 and a debt-to-equity ratio of 2.89.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group upgraded Klabin from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 30th.
About Klabin
Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.
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