Sappi Limited (OTCMKTS:SPPJY) Plans $0.11 Dividend

Sappi Limited (OTCMKTS:SPPJY) declared a dividend on Thursday, December 19th,NASDAQ Dividends reports. Investors of record on Friday, January 10th will be paid a dividend of 0.1082 per share by the basic materials company on Thursday, January 23rd. The ex-dividend date of this dividend is Friday, January 10th.

Sappi Trading Up 1.8 %

Shares of Sappi stock opened at $2.85 on Friday. The firm’s 50 day simple moving average is $2.86 and its two-hundred day simple moving average is $2.77. The firm has a market capitalization of $1.60 billion, a price-to-earnings ratio of 95.03 and a beta of 1.04. Sappi has a 12-month low of $2.03 and a 12-month high of $3.20. The company has a current ratio of 1.50, a quick ratio of 0.87 and a debt-to-equity ratio of 0.60.

Sappi Company Profile

Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.