Arkema S.A. (ARKAY) to Issue Dividend of $3.43 on June 12th

Arkema S.A. (OTCMKTS:ARKAY) announced a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Friday, May 23rd will be paid a dividend of 3.4274 per share by the basic materials company on Thursday, June 12th. This represents a yield of 4.47%. The ex-dividend date of this dividend is Thursday, May 22nd.

Arkema Trading Up 1.2%

Shares of OTCMKTS:ARKAY opened at $76.66 on Tuesday. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 0.53 and a beta of 1.11. The company has a quick ratio of 1.54, a current ratio of 2.11 and a debt-to-equity ratio of 0.48. Arkema has a 12 month low of $64.94 and a 12 month high of $106.39. The company’s fifty day simple moving average is $75.85 and its 200 day simple moving average is $78.81.

Arkema (OTCMKTS:ARKAY) last announced its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $1.37 earnings per share for the quarter, missing the consensus estimate of $1.45 by ($0.08). Arkema had a net margin of 3.82% and a return on equity of 8.04%. The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.44 billion. As a group, research analysts forecast that Arkema will post 8.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on shares of Arkema in a research report on Thursday, April 24th. They issued an “underperform” rating for the company.

About Arkema

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.