UPM-Kymmene Oyj (OTCMKTS:UPMMY) Trading 2.2% Higher

UPM-Kymmene Oyj (OTCMKTS:UPMMY)’s share price rose 2.2% on Thursday . The stock traded as high as $35.72 and last traded at $35.72. Approximately 14,959 shares were traded during trading, a decline of 40% from the average daily volume of 24,796 shares. The stock had previously closed at $34.94.

UPM-Kymmene Oyj Stock Performance

The company’s 50 day simple moving average is $33.55 and its two-hundred day simple moving average is $34.54.

UPM-Kymmene Oyj Dividend Announcement

The company also recently disclosed an annual dividend, which was paid on Tuesday, April 30th. Shareholders of record on Monday, April 8th were paid a dividend of $0.8112 per share. The ex-dividend date was Friday, April 5th. This represents a yield of 2.52%.

About UPM-Kymmene Oyj

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.