BRENNTAG AG/ADR (OTCMKTS:BNTGY) Announces $0.18 Annual Dividend

BRENNTAG AG/ADR (OTCMKTS:BNTGY) announced an annual dividend on Tuesday, April 16th, Zacks reports. Investors of record on Monday, June 17th will be paid a dividend of 0.175 per share on Wednesday, July 3rd. This represents a yield of 1.6%. The ex-dividend date of this dividend is Friday, June 14th.

OTCMKTS:BNTGY traded up $0.13 during midday trading on Monday, hitting $9.91. 439,467 shares of the company were exchanged, compared to its average volume of 63,292. The stock has a fifty day moving average of $9.71. BRENNTAG AG/ADR has a fifty-two week low of $8.20 and a fifty-two week high of $12.86. The company has a quick ratio of 1.21, a current ratio of 1.76 and a debt-to-equity ratio of 0.08. The firm has a market capitalization of $7.66 billion, a P/E ratio of 14.16, a PEG ratio of 1.59 and a beta of 1.27.

BRENNTAG AG/ADR (OTCMKTS:BNTGY) last posted its quarterly earnings data on Thursday, May 9th. The company reported $0.16 EPS for the quarter, meeting analysts’ consensus estimates of $0.16. The company had revenue of $3.70 billion for the quarter. BRENNTAG AG/ADR had a net margin of 3.61% and a return on equity of 14.00%. On average, equities analysts anticipate that BRENNTAG AG/ADR will post 0.69 earnings per share for the current fiscal year.

A number of research analysts have recently issued reports on the stock. ValuEngine upgraded shares of BRENNTAG AG/ADR from a “sell” rating to a “hold” rating in a research note on Friday, March 15th. Zacks Investment Research upgraded shares of BRENNTAG AG/ADR from a “hold” rating to a “buy” rating and set a $12.00 price target on the stock in a research note on Tuesday, May 7th.

BRENNTAG AG/ADR Company Profile

Brenntag AG, a chemical distribution company, purchases and supplies industrial and specialty chemicals in Europe, the Middle East, Africa, North America, Latin America, the Asia Pacific, and internationally. The company also provides value added services. It serves customers in various end-market industries, such as adhesives, paints, oil and gas, food, water treatment, personal care, and pharmaceuticals.

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