Suzano S.A. (NYSE:SUZ) Plans Annual Dividend of $0.34

Suzano S.A. (NYSE:SUZ) announced an annual dividend on Thursday, December 5th,Wall Street Journal reports. Stockholders of record on Wednesday, December 18th will be paid a dividend of 0.3366 per share on Friday, January 17th. This represents a dividend yield of 1.6%. The ex-dividend date is Wednesday, December 18th.

Suzano has a dividend payout ratio of 24.6% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect Suzano to earn $1.68 per share next year, which means the company should continue to be able to cover its $0.34 annual dividend with an expected future payout ratio of 20.2%.

Suzano Stock Down 1.4 %

SUZ opened at $10.31 on Monday. Suzano has a twelve month low of $8.78 and a twelve month high of $12.98. The company has a quick ratio of 1.70, a current ratio of 2.17 and a debt-to-equity ratio of 1.92. The firm has a 50 day moving average price of $10.28 and a 200-day moving average price of $9.88. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 16.37 and a beta of 0.95.

Suzano Company Profile

Suzano SA produces and sells eucalyptus pulp and paper products in Brazil and internationally. It operates through Pulp and Paper segments. The company offers coated and uncoated printing and writing papers, paperboards, tissue papers, and market and fluff pulps; and lignin. It also engages in the research, development, and production of biofuel; operation of port terminals; power generation and distribution business; commercialization of equipment and parts; industrialization, commercialization, and exporting of pulp and standing wood; road freight transport; biotechnology research and development; and commercialization of paper and computer materials.