Alfa Laval Corporate AB (OTCMKTS:ALFVY) Plans Dividend of $0.71

Alfa Laval Corporate AB (OTCMKTS:ALFVY) announced a dividend on Tuesday, April 9th, NASDAQ reports. Investors of record on Monday, April 29th will be given a dividend of 0.7098 per share on Monday, May 20th. The ex-dividend date of this dividend is Friday, April 26th. This is an increase from Alfa Laval Corporate’s previous dividend of $0.43.

Alfa Laval Corporate Price Performance

ALFVY stock opened at $39.77 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.28. The firm has a market cap of $16.44 billion, a P/E ratio of 27.43, a PEG ratio of 2.52 and a beta of 1.49. Alfa Laval Corporate has a 1 year low of $30.44 and a 1 year high of $41.83. The stock’s 50 day moving average price is $38.88 and its 200 day moving average price is $37.01.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its earnings results on Tuesday, February 6th. The company reported $0.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.09). The firm had revenue of $1.68 billion for the quarter, compared to analyst estimates of $1.72 billion. Alfa Laval Corporate had a return on equity of 17.38% and a net margin of 9.95%. On average, sell-side analysts expect that Alfa Laval Corporate will post 1.65 earnings per share for the current fiscal year.

Alfa Laval Corporate Company Profile

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.