Koninklijke DSM Plans Dividend of $0.36 (OTCMKTS:RDSMY)

Koninklijke DSM (OTCMKTS:RDSMYGet Rating) declared a dividend on Friday, May 13th, investing.com reports. Shareholders of record on Monday, May 16th will be paid a dividend of 0.3593 per share by the basic materials company on Friday, June 10th. This represents a yield of 1.5%. The ex-dividend date is Friday, May 13th.

Shares of Koninklijke DSM stock opened at $36.63 on Friday. The company has a current ratio of 2.52, a quick ratio of 1.58 and a debt-to-equity ratio of 0.32. The business’s 50-day moving average price is $42.41 and its 200-day moving average price is $48.55. Koninklijke DSM has a 12 month low of $36.22 and a 12 month high of $56.92.

RDSMY has been the topic of several recent research reports. UBS Group reduced their price target on Koninklijke DSM from €190.00 ($200.00) to €185.00 ($194.74) and set a “buy” rating on the stock in a research report on Thursday, March 31st. Morgan Stanley cut their price objective on Koninklijke DSM from €166.00 ($174.74) to €155.00 ($163.16) and set an “equal weight” rating on the stock in a research report on Monday, March 28th. Barclays cut their price objective on Koninklijke DSM from €193.00 ($203.16) to €189.00 ($198.95) in a research report on Tuesday, March 29th. Societe Generale upgraded Koninklijke DSM from a “hold” rating to a “buy” rating in a research report on Wednesday, February 23rd. Finally, Zacks Investment Research upgraded Koninklijke DSM from a “sell” rating to a “hold” rating in a research report on Tuesday, February 15th. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $177.75.

About Koninklijke DSM (Get Rating)

Koninklijke DSM N.V., a science-based company, engages in nutrition, health, and sustainable living businesses in the Netherlands, Switzerland, rest of Europe, North America, Latin America, China, rest of Asia, and internationally. It operates through Nutrition, Materials, and Innovation Center segments.

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Dividend History for Koninklijke DSM (OTCMKTS:RDSMY)

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