A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Announces Dividend Increase – $0.28 Per Share

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Free Report) announced a dividend on Thursday, May 23rd, investing.com reports. Shareholders of record on Thursday, May 30th will be paid a dividend of 0.2839 per share by the transportation company on Wednesday, June 5th. This represents a yield of 3.31%. The ex-dividend date is Wednesday, May 29th. This is an increase from A.P. Møller – Mærsk A/S’s previous dividend of $0.24.

A.P. Møller – Mærsk A/S Trading Up 1.0 %

Shares of OTCMKTS AMKBY opened at $8.49 on Friday. The company has a quick ratio of 2.37, a current ratio of 2.50 and a debt-to-equity ratio of 0.08. The stock’s 50 day moving average price is $7.21 and its two-hundred day moving average price is $7.87. The stock has a market capitalization of $31.76 billion, a P/E ratio of 16.65 and a beta of 1.25. A.P. Møller – Mærsk A/S has a 52-week low of $6.26 and a 52-week high of $10.60.

A.P. Møller – Mærsk A/S (OTCMKTS:AMKBYGet Free Report) last announced its quarterly earnings results on Thursday, May 2nd. The transportation company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.04 by $0.03. The business had revenue of $12.36 billion for the quarter. A.P. Møller – Mærsk A/S had a return on equity of 0.65% and a net margin of 3.48%. On average, analysts anticipate that A.P. Møller – Mærsk A/S will post 0.07 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on A.P. Møller – Mærsk A/S in a research note on Wednesday, February 21st. They set an “underperform” rating for the company. Five research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

Read Our Latest Research Report on AMKBY

A.P. Møller – Mærsk A/S Company Profile

(Get Free Report)

A.P. Møller – Mærsk A/S, together with its subsidiaries, engages in the ocean transport and logistics business in Denmark and internationally. It operates through Ocean, Logistics & Services, Terminals, and Towage & Maritime Services segments. The Ocean segment is involved in container shipping activities, including demurrage and detention, terminal handling, documentation and container services, and container storage, as well as transshipment hubs.

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Dividend History for A.P. Møller - Mærsk A/S (OTCMKTS:AMKBY)

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