ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Announces Dividend of $0.13

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

ASSA ABLOY AB (publ) Stock Performance

Shares of OTCMKTS:ASAZY opened at $14.38 on Wednesday. The company’s fifty day moving average is $14.30 and its 200 day moving average is $13.29. ASSA ABLOY AB has a 52 week low of $10.17 and a 52 week high of $15.09. The company has a current ratio of 1.10, a quick ratio of 0.68 and a debt-to-equity ratio of 0.54.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its earnings results on Wednesday, February 7th. The industrial products company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. The company had revenue of $3.48 billion for the quarter, compared to analysts’ expectations of $3.60 billion. ASSA ABLOY AB (publ) had a net margin of 10.39% and a return on equity of 16.10%. As a group, equities research analysts predict that ASSA ABLOY AB will post 0.69 EPS for the current fiscal 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.