Mondi plc (OTCMKTS:MONDY) to Issue Dividend Increase – $1.01 Per Share

Mondi plc (OTCMKTS:MONDYGet Free Report) announced a dividend on Thursday, March 6th, NASDAQ Dividends reports. Shareholders of record on Friday, April 4th will be given a dividend of 1.0074 per share on Monday, June 2nd. The ex-dividend date is Friday, April 4th. This is a 122.2% increase from Mondi’s previous dividend of $0.45.

Mondi Price Performance

OTCMKTS:MONDY traded up $0.07 on Friday, reaching $33.51. 3,727 shares of the stock traded hands, compared to its average volume of 23,062. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36. Mondi has a 12 month low of $27.82 and a 12 month high of $41.67. The company’s fifty day simple moving average is $30.69 and its 200 day simple moving average is $32.79.

Wall Street Analysts Forecast Growth

Separately, Barclays lowered shares of Mondi from a “hold” rating to a “strong sell” rating in a research note on Monday, November 11th.

Read Our Latest Stock Report on MONDY

About Mondi

(Get Free Report)

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.

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Dividend History for Mondi (OTCMKTS:MONDY)

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