A. Schulman, Inc. (SHLM) To Go Ex-Dividend on October 23rd
A. Schulman, Inc. (NASDAQ:SHLM) declared a quarterly dividend on Friday, October 13th, RTT News reports. Shareholders of record on Tuesday, October 24th will be given a dividend of 0.205 per share by the basic materials company on Wednesday, November 1st. This represents a $0.82 annualized dividend and a yield of 2.26%. The ex-dividend date of this dividend is Monday, October 23rd.
A. Schulman (NASDAQ:SHLM) opened at 36.25 on Friday. A. Schulman has a 12-month low of $25.00 and a 12-month high of $39.85. The firm’s market capitalization is $1.07 billion. The firm has a 50-day moving average of $34.08 and a 200 day moving average of $30.51.
Several equities research analysts recently issued reports on SHLM shares. ValuEngine raised shares of A. Schulman from a “hold” rating to a “buy” rating in a research report on Saturday, August 12th. Zacks Investment Research cut shares of A. Schulman from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, BidaskClub raised shares of A. Schulman from a “sell” rating to a “hold” rating in a research report on Saturday, August 26th. Five research analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $37.00.
About A. Schulman
A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.
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