MOWI ASA/ADR (OTCMKTS:MHGVY) Plans $0.24 Quarterly Dividend

MOWI ASA/ADR (OTCMKTS:MHGVY) declared a quarterly dividend on Wednesday, October 30th, Zacks reports. Stockholders of record on Tuesday, November 12th will be paid a dividend of 0.235 per share on Monday, November 25th. This represents a $0.94 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date of this dividend is Friday, November 8th.

Shares of OTCMKTS MHGVY opened at $24.58 on Thursday. The stock has a market cap of $12.53 billion, a price-to-earnings ratio of 19.91 and a beta of 0.13. MOWI ASA/ADR has a 52 week low of $20.57 and a 52 week high of $25.99. The company’s 50-day moving average price is $23.90 and its 200 day moving average price is $23.86. The company has a current ratio of 3.54, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49.

MOWI ASA/ADR (OTCMKTS:MHGVY) last released its earnings results on Wednesday, August 21st. The company reported $0.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.42 by ($0.09). MOWI ASA/ADR had a return on equity of 18.51% and a net margin of 10.71%. The company had revenue of $1.15 billion during the quarter.


Mowi ASA, a seafood company, produces and supplies farmed salmon products worldwide. The company operates through three segments: Feed, Farming, and Sales and Marketing. It is involved in the salmon feed production, salmon farming and primary processing, and seafood secondary processing activities. The company offers whole gutted fish, including Label Rouge and organic salmon; and white fish and other seafood products, as well as fillets, steaks, cutlets, portions, loins, kebabs, and steak combos.

See Also: Why do corrections happen?

Dividend History for MOWI ASA/ADR (OTCMKTS:MHGVY)

Receive News & Ratings for MOWI ASA/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MOWI ASA/ADR and related companies with's FREE daily email newsletter.