Corbion (OTCMKTS:CSNVY) to Issue Dividend of $0.54

Corbion (OTCMKTS:CSNVY) announced a dividend on Friday, May 16th, investing.com reports. Stockholders of record on Tuesday, May 20th will be paid a dividend of 0.5446 per share on Wednesday, June 11th. This represents a dividend yield of 2.5%. The ex-dividend date of this dividend is Monday, May 19th. This is a 12.6% increase from Corbion’s previous dividend of $0.48.

Corbion Price Performance

Shares of OTCMKTS:CSNVY opened at $21.78 on Friday. The business’s 50 day simple moving average is $20.76 and its 200 day simple moving average is $22.77. Corbion has a 1 year low of $18.75 and a 1 year high of $28.56.

Corbion Company Profile

Corbion N.V. provides lactic acid and lactic acid derivatives, other ferment, functional enzyme blends, minerals, vitamins, and algae ingredients worldwide. It offers ingredient solutions for the food, home and personal care, animal nutrition, supplements, pharmaceuticals, medical devices, and bioplastics markets.