Fuchs Petrolub SE (OTCMKTS:FUPBY) announced an annual dividend on Tuesday, April 6th, Zacks reports. Investors of record on Thursday, May 6th will be paid a dividend of 0.189 per share on Monday, May 24th. This represents a dividend yield of 1.53%. The ex-dividend date of this dividend is Wednesday, May 5th. This is an increase from Fuchs Petrolub’s previous annual dividend of $0.17.
OTCMKTS FUPBY opened at $13.11 on Tuesday. The stock’s 50-day simple moving average is $12.63 and its two-hundred day simple moving average is $13.69. Fuchs Petrolub has a twelve month low of $8.52 and a twelve month high of $14.92.
FUPBY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Fuchs Petrolub in a research note on Friday. DZ Bank restated a “neutral” rating on shares of Fuchs Petrolub in a report on Friday. Credit Suisse Group restated an “underperform” rating on shares of Fuchs Petrolub in a research note on Friday, March 19th. Zacks Investment Research downgraded shares of Fuchs Petrolub from a “hold” rating to a “sell” rating in a research note on Wednesday, March 17th. Finally, UBS Group reaffirmed a “sell” rating on shares of Fuchs Petrolub in a research note on Wednesday, April 14th. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $16.00.
Fuchs Petrolub SE engages in the development, production, and sale of lubricants and related specialties. Its products include engine oils, motorcycle lubricants, service fluids, greases, corrosion preventives, cleaners, and concrete release agents. It also provides analytical, technical, open gear, and coating services.
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