LANXESS Aktiengesellschaft (OTCMKTS:LNXSF) Shares Up 0.8% – Still a Buy?

LANXESS Aktiengesellschaft (OTCMKTS:LNXSFGet Free Report)’s stock price was up 0.8% on Tuesday . The company traded as high as $29.75 and last traded at $29.75. Approximately 100 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 1,176 shares. The stock had previously closed at $29.50.

LANXESS Aktiengesellschaft Trading Up 0.8%

The stock’s 50-day moving average is $28.66 and its two-hundred day moving average is $28.23.

LANXESS Aktiengesellschaft Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 26th were issued a dividend of $0.10 per share. The ex-dividend date was Friday, May 23rd. This represents a dividend yield of 0.36%. LANXESS Aktiengesellschaft’s payout ratio is -48.53%.

LANXESS Aktiengesellschaft Company Profile

(Get Free Report)

LANXESS Aktiengesellschaft, together with its subsidiaries, operates as a specialty chemicals company that engages in the development, manufacture, and marketing of chemical intermediates, additives, specialty chemicals, and consumer protection products worldwide. It operates through three segments: Consumer Protection, Specialty Additives, and Advanced Intermediates.

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