Novozymes A/S (OTCMKTS:NVZMY) Announces Dividend of $0.38

Novozymes A/S (OTCMKTS:NVZMY) declared a dividend on Monday, March 10th, NASDAQ Dividends reports. Investors of record on Monday, April 7th will be paid a dividend of 0.3758 per share by the biotechnology company on Wednesday, April 23rd. The ex-dividend date is Monday, April 7th. This is a 123.9% increase from Novozymes A/S’s previous dividend of $0.17.

Novozymes A/S Stock Up 1.1 %

NVZMY traded up $0.65 during trading on Tuesday, reaching $58.96. 10,482 shares of the company’s stock were exchanged, compared to its average volume of 20,958. The company has a market capitalization of $27.61 billion, a P/E ratio of 37.32, a PEG ratio of 3.87 and a beta of 0.91. The business has a 50 day moving average price of $57.04 and a 200 day moving average price of $61.33. Novozymes A/S has a fifty-two week low of $52.96 and a fifty-two week high of $72.50.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Novozymes A/S to a “strong-buy” rating in a research report on Monday, November 18th.

About Novozymes A/S

Novozymes A/S produces and sells industrial enzymes, microorganisms, and probiotics in Denmark, rest of Europe, North America, Asia Pacific, the Middle East, Africa, Latin America, and internationally. The company offers protein solutions for the food and beverage industry. It also offers industrial hygiene, drain openers, hard surface, medical cleaning, septic tanks, ware washing, and professional laundry services.