AdvanSix shares rose 6.3% after announcing a dividend of $0.16 per share, payable on May 28th.
AdvanSix (NYSE:ASIX) shares rose 6.3% after the company announced a dividend, trading at $23.53. The dividend will be paid on May 28th to shareholders of record as of May 14th, with a $0.16 per share payout. This represents a $0.64 annualized dividend and a 2.71% yield. AdvanSix's dividend payout ratio is 2,134.04%. Separately, Stifel Nicolaus maintained a "buy" rating and set a $40.00 price target on AdvanSix shares.
May 06, 2024
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