Symrise AG (OTCMKTS:SYIEY) Plans Dividend of $0.18

Symrise AG (OTCMKTS:SYIEY) announced a dividend on Tuesday, May 20th, investing.com reports. Stockholders of record on Friday, May 23rd will be paid a dividend of 0.1762 per share on Monday, June 9th. This represents a dividend yield of 0.6%. The ex-dividend date is Thursday, May 22nd.

Symrise Price Performance

OTCMKTS:SYIEY opened at $29.35 on Tuesday. The firm’s 50-day moving average price is $26.85 and its 200-day moving average price is $26.55. Symrise has a 1-year low of $23.96 and a 1-year high of $34.58. The company has a quick ratio of 1.64, a current ratio of 2.97 and a debt-to-equity ratio of 0.61.

Analyst Ratings Changes

Separately, Citigroup raised shares of Symrise from a “hold” rating to a “strong-buy” rating in a report on Monday, April 14th.

About Symrise

Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients in Europe, Africa, the Middle East, North America, the Asia Pacific, and Latin America. It operates through two segments, Taste, Nutrition & Health; and Scent & Care. The Taste, Nutrition & Health segment provides functional ingredients and product solutions used in the production of food and beverages; savory flavors; natural and sustainable ingredients for food and beverage manufacturers, baby food, and dietary supplements; product solutions and services for pet food manufacturers; sustainable ingredients and services for fish feed manufacturers to develop solutions for fish and shrimp farms; and probiotics for food supplements and functional foods.