Corbion (OTCMKTS:CSNVY) Raises Dividend to $0.54 Per Share

Corbion (OTCMKTS:CSNVY) declared a dividend on Friday, May 16th, investing.com reports. Stockholders of record on Tuesday, May 20th will be paid a dividend of 0.5446 per share on Wednesday, June 11th. This represents a dividend yield of 2.5%. The ex-dividend date is Monday, May 19th. This is a 12.6% increase from Corbion’s previous dividend of $0.48.

Corbion Price Performance

Shares of CSNVY stock opened at $21.78 on Friday. Corbion has a 52-week low of $18.75 and a 52-week high of $28.56. The firm’s 50-day moving average is $20.76 and its 200-day moving average is $22.77.

About Corbion

Corbion N.V. provides lactic acid and lactic acid derivatives, other ferment, functional enzyme blends, minerals, vitamins, and algae ingredients worldwide. It offers ingredient solutions for the food, home and personal care, animal nutrition, supplements, pharmaceuticals, medical devices, and bioplastics markets.