Klabin S.A. (KLBAY) to Issue Dividend of $0.10 on December 2nd

Klabin S.A. (OTCMKTS:KLBAYGet Free Report) announced a dividend on Tuesday, November 5th,NASDAQ Dividends reports. Stockholders 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 Stock Performance

Klabin stock opened at $7.41 on Wednesday. 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 firm has a market capitalization of $4.58 billion, a P/E ratio of 11.50, a price-to-earnings-growth ratio of 2.88 and a beta of 1.13. Klabin has a 1-year low of $6.75 and a 1-year high of $9.33. The company’s 50-day moving average is $7.49 and its 200 day moving average is $7.70.

Analyst Ratings Changes

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

Read Our Latest Report on KLBAY

About Klabin

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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.

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Dividend History for Klabin (OTCMKTS:KLBAY)

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