Klabin SA (OTCMKTS:KLBAY) Plans None Dividend of $0.10

Klabin SA (OTCMKTS:KLBAY) announced a None dividend on Friday, October 27th, Zacks reports. Shareholders of record on Monday, November 6th will be paid a dividend of 0.10 per share by the basic materials company on Friday, November 24th. The ex-dividend date of this dividend is Friday, November 3rd. This is a boost from Klabin SA’s previous None dividend of $0.01.

Shares of Klabin SA (OTCMKTS:KLBAY) remained flat at $$11.83 during mid-day trading on Friday. The company has a current ratio of 2.88, a quick ratio of 2.62 and a debt-to-equity ratio of 2.30. Klabin SA has a 12-month low of $8.11 and a 12-month high of $12.63.

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About Klabin SA

Klabin SA and its subsidiaries operate in segments of the paper and pulp industry, supplying the domestic and foreign markets with wood, packaging paper, paper sacks, corrugated cardboard boxes and pulp. The Company’s segments include Forestry, Paper, Conversion and Pulp. The Forestry segment involves operations relating to planting and growing pine and eucalyptus trees to supply its plants, and involves selling timber to third parties in the domestic market.

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