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Stora Enso Oyj (OTCMKTS:SEOAY) Raises Dividend to $0.13 Per Share

Stora Enso Oyj logo with Basic Materials background

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) announced a dividend on Wednesday, February 12th, NASDAQ Dividends reports. Stockholders of record on Monday, March 24th will be paid a dividend of 0.1348 per share by the basic materials company on Wednesday, April 9th. The ex-dividend date of this dividend is Monday, March 24th. This is a 28.5% increase from Stora Enso Oyj's previous dividend of $0.10.

Stora Enso Oyj Trading Down 0.7 %

Shares of Stora Enso Oyj stock traded down $0.06 during midday trading on Wednesday, reaching $9.62. The company had a trading volume of 61,041 shares, compared to its average volume of 75,409. The stock has a fifty day moving average price of $10.82 and a 200 day moving average price of $10.99. Stora Enso Oyj has a fifty-two week low of $9.43 and a fifty-two week high of $15.29. The firm has a market cap of $7.58 billion, a PE ratio of -60.10 and a beta of 0.86. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.12 and a quick ratio of 0.83.

Stora Enso Oyj (OTCMKTS:SEOAY - Get Free Report) last issued its quarterly earnings results on Tuesday, February 11th. The basic materials company reported ($0.86) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.82) by ($0.04). Stora Enso Oyj had a negative return on equity of 3.97% and a negative net margin of 1.29%. On average, equities analysts anticipate that Stora Enso Oyj will post 0.67 earnings per share for the current year.

About Stora Enso Oyj

(Get Free Report)

Stora Enso Oyj provides renewable solutions for the packaging, biomaterials, wooden constructions, and paper industries in Finland and internationally. It operates through Packaging Materials, Packaging Solutions, Biomaterials, Wood Products, Forest, Paper, and Other segments. The company's Packaging Materials segment offers virgin and recycled fiber replace fossil-based materials with low-carbon, renewable and recyclable packaging materials for food and beverage, pharmaceutical, and transport packaging.

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Dividend History for Stora Enso Oyj (OTCMKTS:SEOAY)

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