A. Schulman, Inc. (SHLM) Plans Quarterly Dividend of $0.21

A. Schulman, Inc. (NASDAQ:SHLM) declared a quarterly dividend on Friday, January 5th, RTT News reports. Investors of record on Monday, January 15th will be paid a dividend of 0.205 per share by the basic materials company on Thursday, February 1st. This represents a $0.82 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend is Thursday, January 11th.

Shares of A. Schulman (SHLM) traded down $1.00 during mid-day trading on Wednesday, reaching $37.90. The company had a trading volume of 404,000 shares, compared to its average volume of 230,100. The firm has a market cap of $1,120.00, a PE ratio of 44.07, a PEG ratio of 1.92 and a beta of 1.58. A. Schulman has a 1 year low of $25.00 and a 1 year high of $40.95. The company has a debt-to-equity ratio of 4.28, a current ratio of 1.68 and a quick ratio of 1.09.

A. Schulman (NASDAQ:SHLM) last issued its quarterly earnings results on Monday, January 8th. The basic materials company reported $0.55 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.11. The firm had revenue of $674.60 million for the quarter, compared to analysts’ expectations of $639.10 million. A. Schulman had a return on equity of 31.20% and a net margin of 1.35%. The firm’s revenue for the quarter was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.49 EPS. equities research analysts predict that A. Schulman will post 2.07 earnings per share for the current year.

Several brokerages recently issued reports on SHLM. ValuEngine cut A. Schulman from a “buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Zacks Investment Research upgraded A. Schulman from a “hold” rating to a “buy” rating and set a $41.00 price target on the stock in a research report on Friday, December 22nd. BidaskClub cut A. Schulman from a “hold” rating to a “sell” rating in a research report on Saturday, December 9th. TheStreet cut A. Schulman from a “b-” rating to a “c+” rating in a research report on Wednesday, December 6th. Finally, SunTrust Banks reiterated a “hold” rating on shares of A. Schulman in a research report on Friday, October 27th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $38.33.

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A. Schulman Company Profile

A. Schulman, Inc is an international supplier of plastic formulations, resins and services, and provides solutions to its customers’ requirements through custom-formulated products. The Company’s customers span a range of markets, such as packaging, mobility, building and construction, electronics and electrical, agriculture, personal care and hygiene, custom services, and sports, home and leisure.

Dividend History for A. Schulman (NASDAQ:SHLM)

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