Metso Outotec Oyj (OTCMKTS:OUKPY) Announces $0.04 Dividend

Metso Outotec Oyj (OTCMKTS:OUKPYGet Rating) announced a dividend on Tuesday, April 19th, investing.com reports. Stockholders of record on Monday, April 25th will be paid a dividend of 0.0379 per share on Tuesday, May 17th. This represents a dividend yield of 1.77%. The ex-dividend date of this dividend is Friday, April 22nd.

Shares of Metso Outotec Oyj stock opened at $3.99 on Tuesday. The company has a 50 day moving average of $4.30 and a 200-day moving average of $4.89. Metso Outotec Oyj has a 1-year low of $3.44 and a 1-year high of $6.44.

A number of analysts have recently weighed in on the stock. JPMorgan Chase & Co. cut their price target on shares of Metso Outotec Oyj from €12.20 ($13.12) to €10.80 ($11.61) in a report on Friday, April 1st. Morgan Stanley cut their price target on shares of Metso Outotec Oyj to €10.60 ($11.40) in a report on Wednesday, April 13th. Credit Suisse Group downgraded shares of Metso Outotec Oyj from an “outperform” rating to a “neutral” rating in a research note on Wednesday, January 19th. Finally, UBS Group dropped their price objective on shares of Metso Outotec Oyj from €10.40 ($11.18) to €9.80 ($10.54) and set a “buy” rating for the company in a research note on Tuesday, April 12th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $10.55.

Metso Outotec Oyj Company Profile (Get Rating)

Metso Outotec Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Africa, the Middle East, and India. The company operates in three segments: Aggregates, Minerals, and Metals.

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