Orkla ASA (ORKLY) Plans Annual Dividend of $0.28

Orkla ASA (OTCMKTS:ORKLY) declared an annual dividend on Monday, March 19th, Zacks reports. Stockholders of record on Monday, April 16th will be paid a dividend of 0.281 per share on Monday, May 7th. The ex-dividend date is Friday, April 13th.

Shares of OTCMKTS:ORKLY opened at $10.47 on Friday. The company has a current ratio of 2.27, a quick ratio of 1.78 and a debt-to-equity ratio of 0.18. Orkla ASA has a twelve month low of $8.55 and a twelve month high of $11.07. The company has a market cap of $10,668.21, a PE ratio of 22.76 and a beta of 0.65.

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Orkla ASA (OTCMKTS:ORKLY) last issued its earnings results on Thursday, February 8th. The company reported $0.12 earnings per share for the quarter. Orkla ASA had a return on equity of 10.76% and a net margin of 22.09%. The company had revenue of $1.33 billion for the quarter.

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Orkla ASA Company Profile

Orkla ASA (Orkla) is a supplier of branded consumer goods and concept solutions to the grocery, out-of-home and bakery sectors, with the Nordic and Baltic regions as its principal markets. The Company’s branded consumer goods business consists of four business areas, including Orkla Foods, which comprises Orkla’s food businesses; Orkla Confectionery & Snacks, which comprises the product categories confectionery, snacks and biscuits, and consists of six branded consumer goods businesses; Orkla Care, which comprises six branded consumer goods businesses, and Orkla Food Ingredients, which is engaged in the bakery and ice cream ingredients sectors in the Nordics and Baltics.

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