Basf Se (OTCMKTS:BASFY) Increases Dividend to $0.66 Per Share

Basf Se (OTCMKTS:BASFYGet Free Report) announced a dividend on Friday, April 5th, NASDAQ reports. Shareholders of record on Monday, April 29th will be given a dividend of 0.6594 per share by the basic materials company on Friday, May 10th. The ex-dividend date of this dividend is Friday, April 26th. This is a boost from Basf’s previous dividend of $0.64.

Basf Price Performance

Shares of OTCMKTS:BASFY opened at $13.70 on Thursday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.98 and a quick ratio of 1.11. The stock has a market cap of $49.56 billion, a price-to-earnings ratio of 18.03, a PEG ratio of 1.12 and a beta of 1.30. The stock’s 50 day moving average price is $13.57 and its 200 day moving average price is $12.57. Basf has a 12 month low of $10.66 and a 12 month high of $14.89.

Basf (OTCMKTS:BASFYGet Free Report) last issued its quarterly earnings results on Friday, February 23rd. The basic materials company reported ($0.05) EPS for the quarter. The business had revenue of $17.09 billion during the quarter. Basf had a return on equity of 6.25% and a net margin of 0.32%. Equities research analysts anticipate that Basf will post 0.85 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

BASFY has been the subject of a number of recent analyst reports. Redburn Atlantic upgraded Basf from a “neutral” rating to a “buy” rating in a research report on Tuesday, April 9th. BNP Paribas reiterated an “underperform” rating on shares of Basf in a report on Monday, April 15th. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold”.

Read Our Latest Research Report on BASFY

Basf Company Profile

(Get Free Report)

BASF SE operates as a chemical company worldwide. It operates through six segments: Chemicals, Materials, Industrial Solutions, Surface Technologies, Nutrition & Care, and Agricultural Solutions. The Chemicals segment provides petrochemicals and intermediates. The Materials segment offers advanced materials and their precursors for applications and systems comprising isocyanates, polyamides, and inorganic basic products, as well as specialties for plastics and plastics processing industries.

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Dividend History for Basf (OTCMKTS:BASFY)

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