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

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

Mondi Stock Up 0.2 %

OTCMKTS:MONDY traded up $0.07 during trading hours on Friday, hitting $33.51. The company had a trading volume of 3,727 shares, compared to its average volume of 23,062. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.32 and a current ratio of 2.06. Mondi has a 52 week low of $27.82 and a 52 week high of $41.67. The stock has a 50-day moving average price of $30.69 and a 200 day moving average price of $32.79.

Wall Street Analysts Forecast Growth

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

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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.

Further Reading

Dividend History for Mondi (OTCMKTS:MONDY)

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