Mowi ASA (OTCMKTS:MHGVY) Declares Dividend Increase – $0.14 Per Share

Mowi ASA (OTCMKTS:MHGVY) declared a dividend on Wednesday, November 6th,NASDAQ Dividends reports. Stockholders of record on Monday, November 18th will be paid a dividend of 0.1358 per share on Monday, December 2nd. The ex-dividend date is Monday, November 18th. This is an increase from Mowi ASA’s previous dividend of $0.12.

Mowi ASA Stock Performance

OTCMKTS MHGVY opened at $17.68 on Friday. Mowi ASA has a twelve month low of $15.89 and a twelve month high of $19.80. The company has a quick ratio of 0.79, a current ratio of 3.13 and a debt-to-equity ratio of 0.58. The stock has a market cap of $9.14 billion, a P/E ratio of 19.64, a PEG ratio of 2.45 and a beta of 1.33. The company’s 50-day simple moving average is $17.72 and its 200 day simple moving average is $17.45.

Mowi ASA (OTCMKTS:MHGVY) last announced its quarterly earnings results on Tuesday, August 20th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.03). The company had revenue of $1.44 billion during the quarter. Mowi ASA had a net margin of 8.92% and a return on equity of 13.65%. As a group, research analysts forecast that Mowi ASA will post 0.95 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Berenberg Bank raised Mowi ASA to a “hold” rating in a report on Thursday, September 19th.

Mowi ASA Company Profile

Mowi ASA, a seafood company, farms, produces, and supplies Atlantic salmon products worldwide. It operates through three segments: Feed, Farming, and Sales and Marketing. The company is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities.