Holcim Ltd (OTCMKTS:HCMLY – Get Rating) announced a dividend on Wednesday, May 4th, investing.com reports. Stockholders of record on Tuesday, May 10th will be given a dividend of 0.4148 per share by the construction company on Friday, May 27th. This represents a dividend yield of 4.26%. The ex-dividend date of this dividend is Monday, May 9th.
HCMLY stock opened at $9.73 on Wednesday. The firm has a 50 day moving average of $9.58 and a 200-day moving average of $10.06. Holcim has a 12-month low of $8.69 and a 12-month high of $12.68.
A number of research analysts have recently weighed in on the stock. Zacks Investment Research cut shares of Holcim from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 16th. JPMorgan Chase & Co. raised their price objective on shares of Holcim from CHF 52 to CHF 55 in a research note on Thursday, March 3rd. Barclays cut shares of Holcim from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, April 19th. Deutsche Bank Aktiengesellschaft cut shares of Holcim from a “buy” rating to a “hold” rating in a research note on Thursday, April 28th. Finally, Berenberg Bank cut shares of Holcim from a “hold” rating to a “sell” rating in a research note on Friday, February 4th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $57.14.
Holcim Ltd, together with its subsidiaries, operates as a building materials and solutions company in the Asia Pacific, Europe, Latin America, the Middle East, Africa, and North America. It operates through four segments: Cement, Aggregates, Ready-mix Concrete, and Solutions & Products. The company offers cement, hydraulic binders, clinker, and other cementitious materials; aggregates, such as crushed stone, gravel, and sand; and ready-mix concrete, precast concrete products, asphalts, and mortars.
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