Quaker Chemical Corp. (NYSE:KWR) declared a quarterly dividend on Wednesday, September 21st. Shareholders of record on Monday, October 17th will be given a dividend of 0.345 per share on Monday, October 31st. This represents a $1.38 annualized dividend and a dividend yield of 1.34%. The ex-dividend date of this dividend is Thursday, October 13th.

Quaker Chemical Corp. (NYSE:KWR) opened at 103.12 on Friday. The firm has a 50 day moving average price of $100.94 and a 200 day moving average price of $92.39. Quaker Chemical Corp. has a 12-month low of $68.20 and a 12-month high of $106.92. The company has a market cap of $1.37 billion, a PE ratio of 25.47 and a beta of 1.43.

Quaker Chemical Corp. (NYSE:KWR) last issued its quarterly earnings data on Wednesday, July 27th. The company reported $1.11 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.02. The firm had revenue of $186.91 million for the quarter, compared to analysts’ expectations of $187.77 million. Quaker Chemical Corp. had a net margin of 7.28% and a return on equity of 15.21%. The company’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.15 earnings per share. On average, analysts anticipate that Quaker Chemical Corp. will post $4.55 earnings per share for the current fiscal year.

Dividend History for Quaker Chemical Corp. (NYSE:KWR)

Several hedge funds have recently added to or reduced their stakes in KWR. BlackRock Advisors LLC boosted its stake in Quaker Chemical Corp. by 1.1% in the second quarter. BlackRock Advisors LLC now owns 6,210 shares of the company’s stock valued at $554,000 after buying an additional 66 shares during the period. BlackRock Investment Management LLC raised its position in shares of Quaker Chemical Corp. by 3.5% in the second quarter. BlackRock Investment Management LLC now owns 55,482 shares of the company’s stock valued at $4,949,000 after buying an additional 1,893 shares in the last quarter. BlackRock Inc. raised its position in shares of Quaker Chemical Corp. by 108.6% in the second quarter. BlackRock Inc. now owns 2,121 shares of the company’s stock valued at $190,000 after buying an additional 1,104 shares in the last quarter. BlackRock Fund Advisors raised its position in shares of Quaker Chemical Corp. by 2.1% in the second quarter. BlackRock Fund Advisors now owns 841,081 shares of the company’s stock valued at $75,024,000 after buying an additional 17,374 shares in the last quarter. Finally, BlackRock Group LTD raised its position in shares of Quaker Chemical Corp. by 6.3% in the second quarter. BlackRock Group LTD now owns 15,035 shares of the company’s stock valued at $1,342,000 after buying an additional 889 shares in the last quarter. 82.24% of the stock is currently owned by institutional investors and hedge funds.

KWR has been the topic of several research analyst reports. Zacks Investment Research cut shares of Quaker Chemical Corp. from a “buy” rating to a “hold” rating in a research note on Thursday, July 7th. Jefferies Group reissued a “hold” rating on shares of Quaker Chemical Corp. in a research note on Sunday, July 17th.

Quaker Chemical Corp. Company Profile

Quaker Chemical Corporation is engaged in providing process fluids, chemical specialties and technical expertise to a range of industries, including steel, aluminum, automotive, mining, aerospace, tube and pipe, cans and others. The Company operates through four segments: North America, the Europe; Middle East and Africa (EMEA); Asia/Pacific, and South America.

5 Day Chart for NYSE:KWR

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