Jeffrey Keenan Purchases 4,032 Shares of Mativ Holdings, Inc. (NYSE:MATV) Stock

Mativ Holdings, Inc. (NYSE:MATVGet Rating) Director Jeffrey Keenan bought 4,032 shares of Mativ stock in a transaction that occurred on Wednesday, September 7th. The stock was purchased at an average cost of $23.71 per share, with a total value of $95,598.72. Following the completion of the transaction, the director now owns 191,202 shares of the company’s stock, valued at $4,533,399.42. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Jeffrey Keenan also recently made the following trade(s):

  • On Thursday, August 18th, Jeffrey Keenan acquired 500 shares of Mativ stock. The shares were bought at an average cost of $24.60 per share, with a total value of $12,300.00.

Mativ Stock Performance

Shares of NYSE MATV opened at $24.94 on Friday. The company has a market capitalization of $779.62 million, a PE ratio of 10.10 and a beta of 0.84. The firm’s fifty day moving average is $22.51. Mativ Holdings, Inc. has a 52-week low of $19.08 and a 52-week high of $38.63. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.55 and a current ratio of 2.69.

Mativ Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 23rd. Shareholders of record on Friday, August 19th will be issued a dividend of $0.40 per share. The ex-dividend date is Thursday, August 18th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 6.42%. Mativ’s payout ratio is presently 64.78%.

About Mativ

(Get Rating)

Mativ Holdings, Inc operates as a performance materials company. The company operates through two segments, Advanced Materials & Structures (AMS), and Engineered Papers (EP). The AMS segment manufactures resin-based rolled goods, such as nets, films and meltblown materials, bonding products, and adhesive components, as well as adhesives and other coating solutions, and converting services.

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