Sappi Limited (OTCMKTS:SPPJY) Plans $0.11 Dividend

Sappi Limited (OTCMKTS:SPPJYGet Free Report) announced a dividend on Thursday, December 19th,NASDAQ Dividends reports. Shareholders of record on Friday, January 10th will be paid a dividend of 0.1082 per share by the basic materials company on Thursday, January 23rd. The ex-dividend date is Friday, January 10th.

Sappi Trading Down 6.3 %

Shares of SPPJY stock opened at $2.60 on Wednesday. Sappi has a 1 year low of $2.03 and a 1 year high of $3.20. The firm has a fifty day moving average price of $2.85 and a 200-day moving average price of $2.77. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 86.70 and a beta of 1.03. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.50 and a quick ratio of 0.87.

Sappi Company Profile

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Sappi Limited, together with its subsidiaries, engages in the provision of materials made from woodfiber-based renewable resources in Europe, North America, and South Africa. The company manufacture and sells dissolving pulp, and wood and paper pulp; graphic papers, coated and uncoated papers, and casting and release papers; and packaging and specialty papers, including packaging and specialty papers, including flexible packaging papers, label papers, functional paper packaging products, containerboards, paperboards, silicone base papers, and dye sublimation papers.

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