Klabin S.A. (OTCMKTS:KLBAY) Declares Dividend of $0.10

Klabin S.A. (OTCMKTS:KLBAY) declared a dividend on Tuesday, November 5th, NASDAQ reports. Investors of record on Friday, November 15th will be given a dividend of 0.0995 per share by the basic materials company on Monday, December 2nd. The ex-dividend date is Friday, November 15th.

Klabin Price Performance

Shares of OTCMKTS:KLBAY traded up $0.56 on Wednesday, hitting $7.78. The company’s stock had a trading volume of 1,100 shares, compared to its average volume of 5,142. The company has a market capitalization of $4.81 billion, a PE ratio of 11.28, a PEG ratio of 2.74 and a beta of 1.12. The company has a debt-to-equity ratio of 2.89, a current ratio of 2.85 and a quick ratio of 2.39. The company has a 50-day simple moving average of $7.53 and a 200 day simple moving average of $7.73. Klabin has a 1 year low of $6.75 and a 1 year high of $9.33.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Klabin from a “strong sell” rating to a “hold” rating in a report on Wednesday, October 30th.

Klabin Company Profile

Klabin SA, together with its subsidiaries, produces and exports packaging paper and sustainable paper packaging solutions in Brazil and internationally. The company engages in the planting of pine and eucalyptus; and forestry management business. It also produces and sells hardwood (eucalyptus), softwood (pine), and fluffed pulp; and paperboard, sackraft, Kraftliner paper, and recycled paper.