UPM-Kymmene Oyj Declares Annual Dividend of $0.81 (OTCMKTS:UPMMY)

UPM-Kymmene Oyj (OTCMKTS:UPMMY) announced an annual dividend on Monday, September 30th, NASDAQ reports. Shareholders of record on Thursday, October 31st will be paid a dividend of 0.8112 per share on Friday, November 22nd. This represents a yield of 2.42%. The ex-dividend date of this dividend is Wednesday, October 30th.

UPM-Kymmene Oyj Trading Up 2.4 %

Shares of OTCMKTS UPMMY opened at $31.11 on Monday. UPM-Kymmene Oyj has a twelve month low of $30.26 and a twelve month high of $38.81. The stock has a 50 day moving average of $32.68 and a two-hundred day moving average of $34.20.

UPM-Kymmene Oyj Company Profile

UPM-Kymmene Oyj, together with its subsidiaries, engages in the forest-based bioindustry in Europe, North America, Asia, and internationally. It operates through UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, UPM Plywood, and Other Operations segments. The company provides softwood, birch, and eucalyptus pulp for tissue, specialty, and graphic papers and packaging; sawn timber for joinery, packaging, furniture, planning, and construction industries; and wood-based renewable diesel and renewable naphtha for transport and petrochemical industry.