Basf Se (OTCMKTS:BASFY) Raises Dividend to $0.66 Per Share

Basf Se (OTCMKTS:BASFY) declared a dividend on Friday, April 5th, NASDAQ reports. Shareholders of record on Monday, April 29th will be paid a dividend of 0.6594 per share by the basic materials company on Friday, May 10th. The ex-dividend date of this dividend is Friday, April 26th. This is a boost from Basf’s previous dividend of $0.64.

Basf Stock Performance

Shares of OTCMKTS BASFY opened at $13.70 on Wednesday. The company has a quick ratio of 1.11, a current ratio of 1.98 and a debt-to-equity ratio of 0.47. The business’s 50 day moving average is $13.54 and its two-hundred day moving average is $12.57. The company has a market cap of $49.56 billion, a P/E ratio of 228.33, a P/E/G ratio of 1.09 and a beta of 1.30. Basf has a 12 month low of $10.66 and a 12 month high of $14.89.

Basf (OTCMKTS:BASFY) last issued its quarterly earnings results on Friday, February 23rd. The basic materials company reported ($0.05) EPS for the quarter. The business had revenue of $17.09 billion during the quarter. Basf had a return on equity of 6.25% and a net margin of 0.32%. On average, equities analysts expect that Basf will post 0.85 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on BASFY. Redburn Atlantic raised Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. BNP Paribas reissued an “underperform” rating on shares of Basf in a report on Monday, April 15th. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, Basf presently has a consensus rating of “Hold”.

About Basf

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.