A Schulman Inc Declares Quarterly Dividend of $0.21 (SHLM)

A Schulman Inc (NASDAQ:SHLM) announced a quarterly dividend on Thursday, June 14th, RTT News reports. Shareholders of record on Friday, July 13th will be paid a dividend of 0.205 per share by the basic materials company on Wednesday, August 1st. This represents a $0.82 annualized dividend and a yield of 1.85%.

Shares of NASDAQ SHLM traded down $0.03 during trading on Thursday, hitting $44.25. 135,434 shares of the company were exchanged, compared to its average volume of 350,731. A Schulman has a 12-month low of $25.00 and a 12-month high of $44.63. The company has a quick ratio of 1.09, a current ratio of 1.79 and a debt-to-equity ratio of 4.15. The firm has a market cap of $1.31 billion, a PE ratio of 25.29 and a beta of 1.34.

A Schulman (NASDAQ:SHLM) last posted its quarterly earnings results on Wednesday, March 28th. The basic materials company reported ($0.11) EPS for the quarter, missing the consensus estimate of $0.36 by ($0.47). A Schulman had a return on equity of 20.83% and a net margin of 1.74%. The company had revenue of $650.10 million for the quarter, compared to analysts’ expectations of $646.57 million. research analysts expect that A Schulman will post 2.15 EPS for the current year.

Several research firms have recently commented on SHLM. Zacks Investment Research upgraded A Schulman from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Wednesday, March 14th. BidaskClub lowered A Schulman from a “buy” rating to a “hold” rating in a report on Friday, April 6th. Longbow Research lowered A Schulman from a “buy” rating to a “neutral” rating in a report on Friday, February 16th. Finally, TheStreet lowered A Schulman from a “b-” rating to a “c” rating in a report on Wednesday, April 11th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. A Schulman has a consensus rating of “Hold” and an average target price of $41.00.

A Schulman Company Profile

A. Schulman, Inc manufactures and supplies plastic compounds and resins. It offers custom performance colors, including standard and customized colors, organic and inorganic pigments, high chroma colors in translucent or opaque formats, and special effects. The company also provides engineered composites, such as bulk molding compounds, sheet molding compounds, and thick molding compounds, as well as high performance engineered structural composite solutions for original equipment manufacturers and custom molders.

Dividend History for A Schulman (NASDAQ:SHLM)

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