Orkla ASA (OTCMKTS:ORKLY) Announces Dividend Increase – $0.40 Per Share

Orkla ASA (OTCMKTS:ORKLYGet Free Report) announced a dividend on Saturday, March 23rd, NASDAQ reports. Stockholders of record on Monday, April 22nd will be paid a dividend of 0.3993 per share on Monday, May 13th. The ex-dividend date is Friday, April 19th. This is an increase from Orkla ASA’s previous dividend of $0.20.

Orkla ASA Stock Up 0.7 %

Shares of ORKLY stock opened at $7.17 on Thursday. The company has a quick ratio of 0.58, a current ratio of 1.12 and a debt-to-equity ratio of 0.34. Orkla ASA has a 52-week low of $6.62 and a 52-week high of $8.25. The company has a 50-day simple moving average of $7.19 and a two-hundred day simple moving average of $7.38.

Orkla ASA (OTCMKTS:ORKLYGet Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported $0.12 EPS for the quarter. Orkla ASA had a return on equity of 12.48% and a net margin of 7.68%. The company had revenue of $1.64 billion during the quarter.

Orkla ASA Company Profile

(Get Free Report)

Orkla ASA engages in branded consumer goods, and industrial and financial investment businesses. The company offers branded products, including frozen pizza, ketchup, soups, sauces, bread toppings, and ready-to-eat meals through grocery channels, as well as food service, convenience stores, and petrol stations.

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Dividend History for Orkla ASA (OTCMKTS:ORKLY)

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