Andritz AG (OTCMKTS:ADRZY) Increases Dividend to $0.35 Per Share

Andritz AG (OTCMKTS:ADRZY) declared a dividend on Tuesday, March 5th, NASDAQ reports. Shareholders of record on Tuesday, March 26th will be paid a dividend of 0.3463 per share on Friday, April 12th. The ex-dividend date is Monday, March 25th. This is a positive change from Andritz’s previous dividend of $0.28.

Andritz Stock Down 3.0 %

Shares of ADRZY opened at $12.78 on Friday. The company has a market capitalization of $6.64 billion, a price-to-earnings ratio of 11.51 and a beta of 0.88. Andritz has a 52 week low of $8.79 and a 52 week high of $14.13. The stock’s 50-day moving average price is $12.40 and its 200-day moving average price is $11.17. The company has a quick ratio of 0.91, a current ratio of 1.15 and a debt-to-equity ratio of 0.35.

Andritz (OTCMKTS:ADRZY) last issued its quarterly earnings data on Monday, February 26th. The company reported $0.34 EPS for the quarter. Andritz had a net margin of 5.89% and a return on equity of 27.22%. The business had revenue of $2.63 billion for the quarter. On average, sell-side analysts predict that Andritz will post 1.16 EPS for the current year.

About Andritz

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors in Europe, North America, South America, China, Asia, and internationally. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation.