Mowi ASA (OTCMKTS:MHGVY) Raises Dividend to $0.14 Per Share

Mowi ASA (OTCMKTS:MHGVY) declared a dividend on Wednesday, November 6th,NASDAQ Dividends reports. Investors of record on Monday, November 18th will be given a dividend of 0.1358 per share on Monday, December 2nd. The ex-dividend date of this dividend is Monday, November 18th. This is a positive change from Mowi ASA’s previous dividend of $0.12.

Mowi ASA Stock Performance

Shares of MHGVY stock traded down $0.02 on Thursday, hitting $17.98. The company had a trading volume of 77,766 shares, compared to its average volume of 29,445. The company has a 50-day moving average price of $17.66 and a 200-day moving average price of $17.44. Mowi ASA has a twelve month low of $15.89 and a twelve month high of $19.80. The firm has a market cap of $9.30 billion, a P/E ratio of 17.46, a price-to-earnings-growth ratio of 2.45 and a beta of 1.33. The company has a quick ratio of 0.79, a current ratio of 3.13 and a debt-to-equity ratio of 0.58.

Mowi ASA (OTCMKTS:MHGVY) last issued its quarterly earnings results on Tuesday, August 20th. The company reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.03). The firm had revenue of $1.44 billion during the quarter. Mowi ASA had a return on equity of 13.65% and a net margin of 8.92%. As a group, equities research analysts predict that Mowi ASA will post 0.95 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Berenberg Bank raised shares of Mowi ASA to a “hold” rating in a research report on Thursday, September 19th.

Mowi ASA Company Profile

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.