Novozymes A/S (OTCMKTS:NVZMY) Announces Dividend of $0.38

Novozymes A/S (OTCMKTS:NVZMY - Get Free Report) declared a dividend on Monday, March 10th, NASDAQ Dividends reports. Investors of record on Monday, April 7th will be given a dividend of 0.3758 per share by the biotechnology company on Wednesday, April 23rd. The ex-dividend date of this dividend is Monday, April 7th. This is a 123.9% increase from Novozymes A/S's previous dividend of $0.17.

Novozymes A/S Price Performance

NVZMY traded up $0.80 during trading hours on Friday, reaching $60.39. The company's stock had a trading volume of 11,515 shares, compared to its average volume of 20,267. Novozymes A/S has a fifty-two week low of $52.96 and a fifty-two week high of $72.50. The stock has a market cap of $28.28 billion, a PE ratio of 38.22, a P/E/G ratio of 3.87 and a beta of 0.91. The business's 50-day moving average is $57.29 and its 200-day moving average is $61.20.

Analysts Set New Price Targets

Separately, Barclays upgraded Novozymes A/S to a "strong-buy" rating in a report on Monday, November 18th.

About Novozymes A/S

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.