Mondi plc (OTCMKTS:MONDY) Plans Dividend Increase – $1.01 Per Share

Mondi plc (OTCMKTS:MONDYGet Free Report) declared a dividend on Thursday, March 6th, NASDAQ Dividends reports. Investors of record on Friday, April 4th will be paid a dividend of 1.0074 per share on Monday, June 2nd. The ex-dividend date of this dividend is Friday, April 4th. This is a 122.2% increase from Mondi’s previous dividend of $0.45.

Mondi Stock Performance

OTCMKTS MONDY traded up $0.07 on Friday, reaching $33.51. 3,727 shares of the company’s stock traded hands, compared to its average volume of 23,062. Mondi has a 12 month low of $27.82 and a 12 month high of $41.67. The stock has a 50-day simple moving average of $30.69 and a 200 day simple moving average of $32.79. The company has a quick ratio of 1.32, a current ratio of 2.06 and a debt-to-equity ratio of 0.36.

Wall Street Analysts Forecast Growth

Separately, Barclays downgraded Mondi from a “hold” rating to a “strong sell” rating in a report on Monday, November 11th.

Get Our Latest Stock Analysis on MONDY

About Mondi

(Get Free Report)

Mondi plc, together with its subsidiaries, engages in the manufacture and sale of packaging and paper solutions in Africa, Western Europe, Emerging Europe, North America, South America, Asia, Australia, and internationally. The company operates in three segments: Corrugated Packaging, Flexible Packaging, and Uncoated Fine Paper.

Further Reading

Dividend History for Mondi (OTCMKTS:MONDY)

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