KONE Oyj (OTCMKTS:KNYJY) Raises Dividend to $0.94 Per Share

KONE Oyj (OTCMKTS:KNYJY) declared a dividend on Thursday, February 13th,NASDAQ Dividends reports. Investors of record on Friday, March 7th will be paid a dividend of 0.9388 per share on Monday, March 31st. The ex-dividend date is Friday, March 7th. This is a boost from KONE Oyj’s previous dividend of $0.94.

KONE Oyj Stock Performance

Shares of KNYJY stock opened at $27.63 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.89 and a debt-to-equity ratio of 0.18. The firm has a fifty day simple moving average of $24.98 and a two-hundred day simple moving average of $26.28. KONE Oyj has a 12 month low of $22.69 and a 12 month high of $30.12. The firm has a market capitalization of $25.04 billion, a PE ratio of 26.06, a price-to-earnings-growth ratio of 2.44 and a beta of 0.69.

KONE Oyj (OTCMKTS:KNYJY) last posted its earnings results on Thursday, January 30th. The company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.29 by ($0.04). KONE Oyj had a return on equity of 40.15% and a net margin of 8.57%. Analysts forecast that KONE Oyj will post 1.06 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Royal Bank of Canada lowered KONE Oyj from a “hold” rating to a “strong sell” rating in a report on Monday, November 25th.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. The company provides elevators, escalators, and automatic building doors. It offers maintenance services; and modernization solutions. In addition, the company offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.