Norsk Hydro ASA (OTCMKTS:NHYDY) to Issue Dividend of $0.24

Norsk Hydro ASA (OTCMKTS:NHYDY) announced a dividend on Tuesday, April 9th, NASDAQ reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.2354 per share by the industrial products company on Wednesday, May 29th. The ex-dividend date of this dividend is Thursday, May 9th.

Norsk Hydro ASA Stock Up 0.5 %

Shares of OTCMKTS:NHYDY opened at $6.51 on Wednesday. The business’s 50-day moving average is $5.90 and its 200-day moving average is $5.89. Norsk Hydro ASA has a 1 year low of $5.08 and a 1 year high of $7.35. The company has a market capitalization of $13.10 billion, a price-to-earnings ratio of 46.50, a P/E/G ratio of 1.07 and a beta of 1.54. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.82 and a quick ratio of 1.24.

Norsk Hydro ASA (OTCMKTS:NHYDY) last posted its quarterly earnings results on Wednesday, April 24th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.09. The firm had revenue of $4.52 billion for the quarter. Norsk Hydro ASA had a return on equity of 6.23% and a net margin of 1.67%. Equities research analysts predict that Norsk Hydro ASA will post 0.42 earnings per share for the current year.

Norsk Hydro ASA Company Profile

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments.