Brenntag SE (BNTGY) To Go Ex-Dividend on May 23rd

Brenntag SE (OTCMKTS:BNTGY) declared a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be given a dividend of 0.2696 per share on Wednesday, June 11th. This represents a yield of 2%. The ex-dividend date is Friday, May 23rd. This is a 441.6% increase from Brenntag’s previous dividend of $0.05.

Brenntag Price Performance

Shares of OTCMKTS:BNTGY opened at $13.48 on Wednesday. Brenntag has a 1 year low of $11.09 and a 1 year high of $15.07. The company has a market capitalization of $9.73 billion, a P/E ratio of 16.64 and a beta of 0.93. The business’s 50 day simple moving average is $13.11 and its 200 day simple moving average is $12.80.

Brenntag (OTCMKTS:BNTGY) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.24 by ($0.04). Brenntag had a return on equity of 12.24% and a net margin of 3.36%. On average, sell-side analysts anticipate that Brenntag will post 0.9 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, DZ Bank cut Brenntag from a “strong-buy” rating to a “strong sell” rating in a report on Thursday, May 15th.

About Brenntag

Brenntag SE purchases and supplies various industrial and specialty chemicals, and ingredients in Germany, Europe, the Middle East, Africa, the Americas, and the Asia Pacific. The company operates in two segments, Brenntag Essentials and Brenntag Specialties. It provides just-in-time delivery, product mixing, blending, repackaging, inventory management, and drum return handling.