ASSA ABLOY AB (publ) to Issue Dividend of $0.13 (OTCMKTS:ASAZY)

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) announced a dividend on Friday, October 18th, NASDAQ reports. Investors of record on Friday, November 8th will be given a dividend of 0.1297 per share by the industrial products company on Friday, November 29th. The ex-dividend date of this dividend is Friday, November 8th.

ASSA ABLOY AB (publ) Price Performance

ASAZY opened at $15.46 on Thursday. The company’s 50-day simple moving average is $16.07 and its two-hundred day simple moving average is $15.01. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13. The stock has a market capitalization of $34.40 billion, a P/E ratio of 23.42, a P/E/G ratio of 1.65 and a beta of 1.12. ASSA ABLOY AB has a 52-week low of $11.08 and a 52-week high of $17.03.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its quarterly earnings data on Wednesday, October 23rd. The industrial products company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). ASSA ABLOY AB (publ) had a net margin of 10.02% and a return on equity of 15.60%. The company had revenue of $3.59 billion for the quarter. As a group, analysts predict that ASSA ABLOY AB will post 0.69 EPS for the current year.

Analyst Ratings Changes

Separately, Barclays upgraded ASSA ABLOY AB (publ) to a “strong sell” rating in a research report on Thursday, September 5th.

About ASSA ABLOY AB (publ)

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.