ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Plans $0.13 Dividend

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) announced a dividend on Friday, October 18th, NASDAQ reports. Shareholders of record on Friday, November 8th will be paid a dividend of 0.1297 per share by the industrial products company on Friday, November 29th. The ex-dividend date of this dividend is Friday, November 8th.

ASSA ABLOY AB (publ) Price Performance

Shares of ASSA ABLOY AB (publ) stock traded up $0.03 during trading hours on Friday, hitting $16.10. The company's stock had a trading volume of 45,241 shares, compared to its average volume of 118,479. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13. ASSA ABLOY AB has a 12-month low of $10.17 and a 12-month high of $17.03. The business has a 50 day moving average price of $15.92 and a two-hundred day moving average price of $14.86. The company has a market cap of $35.82 billion, a PE ratio of 25.97, a PEG ratio of 1.65 and a beta of 1.11.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 17th. The industrial products company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. The business had revenue of $3.55 billion during the quarter. Analysts expect that ASSA ABLOY AB will post 0.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of ASSA ABLOY AB (publ) to a "strong sell" rating in a research report on Thursday, September 5th.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.