Norsk Hydro ASA (OTCMKTS:NHYDY) Announces Dividend of $0.24

Norsk Hydro ASA (OTCMKTS:NHYDY) declared a dividend on Tuesday, April 9th, NASDAQ reports. Shareholders of record on Friday, May 10th will be paid a dividend of 0.2354 per share by the industrial products company on Wednesday, May 29th. The ex-dividend date of this dividend is Thursday, May 9th.

Norsk Hydro ASA Stock Performance

Shares of NHYDY opened at $6.51 on Wednesday. The company has a market cap of $13.10 billion, a price-to-earnings ratio of 46.50, a P/E/G ratio of 1.07 and a beta of 1.54. The company has a current ratio of 1.82, a quick ratio of 1.24 and a debt-to-equity ratio of 0.27. The business’s fifty day simple moving average is $5.90 and its two-hundred day simple moving average is $5.89. Norsk Hydro ASA has a 12 month low of $5.08 and a 12 month high of $7.35.

Norsk Hydro ASA (OTCMKTS:NHYDY) last issued its quarterly earnings data on Wednesday, April 24th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.09. The firm had revenue of $4.52 billion during the quarter. Norsk Hydro ASA had a net margin of 1.67% and a return on equity of 6.23%. Research analysts anticipate that Norsk Hydro ASA will post 0.42 earnings per share for the current fiscal year.

About Norsk Hydro ASA

Norsk Hydro ASA engages in the power production, bauxite extraction, alumina refining, aluminium smelting, and recycling activities; and provision of extruded solutions worldwide. It operates through Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Metal Markets, Hydro Extrusions, and Hydro Energy segments.