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

Stora Enso Oyj (OTCMKTS:SEOAY) announced a dividend on Wednesday, February 12th, NASDAQ Dividends reports. Shareholders 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 Stock Performance

Shares of SEOAY opened at $10.08 on Friday. The company has a current ratio of 1.12, a quick ratio of 0.83 and a debt-to-equity ratio of 0.39. The firm has a market cap of $7.95 billion, a PE ratio of -63.00 and a beta of 0.86. Stora Enso Oyj has a 12 month low of $9.43 and a 12 month high of $15.29. The stock has a fifty day moving average price of $10.83 and a 200-day moving average price of $11.04.

Stora Enso Oyj (OTCMKTS:SEOAY) last released its quarterly earnings results on Tuesday, February 11th. The basic materials company reported ($0.86) EPS for the quarter, missing analysts’ consensus estimates of ($0.82) by ($0.04). Stora Enso Oyj had a negative net margin of 1.29% and a negative return on equity of 3.97%. Equities research analysts predict that Stora Enso Oyj will post 0.67 earnings per share for the current fiscal year.

Stora Enso Oyj Company Profile

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.