Kuehne + Nagel International AG (OTCMKTS:KHNGY) Announces Dividend Increase – $1.24 Per Share

Kuehne + Nagel International AG (OTCMKTS:KHNGY) announced a dividend on Tuesday, May 6th, investing.com reports. Shareholders of record on Tuesday, May 13th will be paid a dividend of 1.2368 per share on Wednesday, May 28th. This represents a yield of 2.66%. The ex-dividend date of this dividend is Monday, May 12th. This is a 263.9% increase from Kuehne + Nagel International’s previous dividend of $0.34.

Kuehne + Nagel International Stock Performance

KHNGY stock opened at $46.52 on Tuesday. Kuehne + Nagel International has a 52 week low of $39.53 and a 52 week high of $62.83. The company’s 50-day simple moving average is $45.55 and its 200 day simple moving average is $46.31. The company has a market capitalization of $28.09 billion, a PE ratio of 21.24 and a beta of 0.87.

Kuehne + Nagel International (OTCMKTS:KHNGY) last announced its quarterly earnings data on Thursday, April 24th. The company reported $0.54 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.54. The firm had revenue of $7.04 billion for the quarter, compared to the consensus estimate of $5.73 billion. Kuehne + Nagel International had a net margin of 4.83% and a return on equity of 37.72%. On average, analysts forecast that Kuehne + Nagel International will post 2.31 EPS for the current year.

About Kuehne + Nagel International

Kuehne + Nagel International AG, together with its subsidiaries, provides integrated logistics services worldwide. The company operates through four segments: Sea Logistics, Air Logistics, Road Logistics, and Contract Logistics. It offers less-than-container load, reefer and project logistics, and flexible container shipping solutions.