Arkema (OTCMKTS:ARKAY) Releases Quarterly Earnings Results

Arkema (OTCMKTS:ARKAY) released its earnings results on Tuesday. The basic materials company reported $2.00 earnings per share for the quarter, reports. The company had revenue of $2.54 billion during the quarter. Arkema had a net margin of 4.40% and a return on equity of 8.92%.

Arkema Stock Performance

OTCMKTS ARKAY opened at $106.01 on Friday. Arkema has a one year low of $85.58 and a one year high of $114.15. The company has a 50-day simple moving average of $103.72 and a 200-day simple moving average of $103.79. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.64 and a current ratio of 2.25. The firm has a market capitalization of $7.96 billion, a PE ratio of 20.95, a price-to-earnings-growth ratio of 0.46 and a beta of 1.35.

Arkema Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, June 5th. Stockholders of record on Thursday, May 16th will be given a $3.7363 dividend. The ex-dividend date is Wednesday, May 15th. This is an increase from Arkema’s previous dividend of $3.03. Arkema’s payout ratio is presently 54.94%.

Arkema Company Profile

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates in three segments: Adhesive Solutions, Advanced Materials and Coating Solutions, and Intermediates. The Adhesive Solutions segment provides solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.