ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Increases Dividend to $0.13 Per Share

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) declared a dividend on Tuesday, March 26th, NASDAQ reports. Stockholders of record on Friday, April 26th will be given a dividend of 0.1316 per share by the industrial products company on Friday, May 17th. The ex-dividend date is Thursday, April 25th. This is an increase from ASSA ABLOY AB (publ)’s previous dividend of $0.11.

ASSA ABLOY AB (publ) Price Performance

OTCMKTS ASAZY opened at $14.01 on Tuesday. The company has a 50-day simple moving average of $14.28 and a 200-day simple moving average of $13.26. ASSA ABLOY AB has a one year low of $10.17 and a one year high of $15.09. The company has a quick ratio of 0.68, a current ratio of 1.10 and a debt-to-equity ratio of 0.54.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its quarterly earnings data on Wednesday, February 7th. The industrial products company reported $0.17 earnings per share for the quarter, meeting the consensus estimate of $0.17. The firm had revenue of $3.48 billion for the quarter, compared to the consensus estimate of $3.60 billion. ASSA ABLOY AB (publ) had a net margin of 10.39% and a return on equity of 16.10%. Equities analysts forecast that ASSA ABLOY AB will post 0.69 earnings per share for the current year.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.