Forbo Holding AG (OTCMKTS:FBOHY) Announces Dividend Increase – $0.32 Per Share

Forbo Holding AG (OTCMKTS:FBOHY) declared a dividend on Friday, March 29th, investing.com reports. Stockholders of record on Thursday, April 11th will be given a dividend of 0.3178 per share on Friday, April 26th. The ex-dividend date is Wednesday, April 10th. This is a positive change from Forbo’s previous dividend of $0.27.

Forbo Stock Performance

Forbo stock opened at $38.86 on Friday. The business has a 50-day simple moving average of $38.86 and a 200 day simple moving average of $38.85. Forbo has a 52 week low of $38.86 and a 52 week high of $41.16.

About Forbo

Forbo Holding AG produces and sells floor coverings, building and construction adhesives, and power transmission and conveyor belt solutions in Europe, the Americas, Asia Pacific, and Africa. The company operates through two divisions, Flooring Systems and Movement Systems. The Flooring Systems division develops, produces, and sells linoleum, vinyl floorings, entrance flooring systems, carpet tiles, needle felt floor coverings, Flotex, the washable textile floorings, and building and construction adhesives, as well as various accessory products for laying, processing, cleaning, and care of flooring.