Chase Co. (NYSEMKT:CCF) declared an annual dividend on Tuesday, October 31st, Wall Street Journal reports. Shareholders of record on Thursday, November 9th will be given a dividend of 0.80 per share by the construction company on Wednesday, December 6th. This represents a yield of 0.67%. The ex-dividend date is Wednesday, November 8th. This is a boost from Chase’s previous annual dividend of $0.70.
Chase (NYSEMKT CCF) traded up 3.58% during trading on Tuesday, reaching $118.75. 13,086 shares of the company’s stock were exchanged. The company’s 50-day moving average is $110.27 and its 200-day moving average is $105.20. Chase has a 1-year low of $61.75 and a 1-year high of $120.60. The company has a market capitalization of $1.10 billion, a PE ratio of 26.99 and a beta of 1.64.
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Separately, BidaskClub upgraded shares of Chase from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th.
Chase Corporation is engaged in manufacturing of protective materials for reliability applications. The Company’s operating segments include industrial materials segment and construction materials segment. The Industrial Materials segment includes specified products that are used in, or integrated into, another company’s product, with demand typically dependent upon general economic conditions.
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