ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) Announces Dividend of $0.13

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) declared a dividend on Friday, October 18th, NASDAQ reports. Investors of record on Friday, November 8th will be paid a dividend of 0.1297 per share by the industrial products company on Friday, November 29th. The ex-dividend date of this dividend is Friday, November 8th.

ASSA ABLOY AB (publ) Price Performance

Shares of ASAZY opened at $15.46 on Thursday. ASSA ABLOY AB has a fifty-two week low of $11.08 and a fifty-two week high of $17.03. The firm’s 50-day simple moving average is $16.07 and its two-hundred day simple moving average is $15.01. The stock has a market cap of $34.40 billion, a PE ratio of 23.42, a price-to-earnings-growth ratio of 1.65 and a beta of 1.12. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.70 and a current ratio of 1.13.

ASSA ABLOY AB (publ) (OTCMKTS:ASAZY) last issued its quarterly earnings results on Wednesday, October 23rd. The industrial products company reported $0.17 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.04). ASSA ABLOY AB (publ) had a return on equity of 15.60% and a net margin of 10.02%. The company had revenue of $3.59 billion during the quarter. Analysts anticipate that ASSA ABLOY AB will post 0.69 earnings per share for the current fiscal year.

Analyst Ratings Changes

Separately, Barclays upgraded ASSA ABLOY AB (publ) to a “strong sell” rating in a report on Thursday, September 5th.

ASSA ABLOY AB (publ) Company Profile

ASSA ABLOY AB (publ) provides door opening and access products, solutions, and services for the institutional, commercial, and residential markets in Europe, the Middle East, India, Africa, North and South America, Asia, and Oceania. The company provides digital access solutions, such as electronic access control ecosystem, wireless solutions, electronic key solutions, standalone access solutions, and wired solutions; swing, revolving, and sliding doors; mechanical products, including hinges, lever handles, mortise lockcases, euro profile cylinders, panic exit devices, door closers, floor spring, and general hardware; and doors.