UPM-Kymmene Oyj (OTCMKTS:UPMMY) Stock Price Down 2% – Time to Sell?

UPM-Kymmene Oyj (OTCMKTS:UPMMYGet Free Report) shares were down 2% on Monday . The company traded as low as $30.40 and last traded at $30.50. Approximately 73,978 shares traded hands during trading, an increase of 190% from the average daily volume of 25,499 shares. The stock had previously closed at $31.11.

UPM-Kymmene Oyj Price Performance

The business has a fifty day moving average of $32.78 and a 200-day moving average of $34.24.

UPM-Kymmene Oyj Announces Dividend

The firm also recently declared an annual dividend, which will be paid on Friday, November 22nd. Stockholders of record on Thursday, October 31st will be paid a $0.8112 dividend. The ex-dividend date of this dividend is Wednesday, October 30th. This represents a dividend yield of 2.42%.

About UPM-Kymmene Oyj

(Get Free Report)

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.

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