Kamada Ltd. ( NASDAQ:KMDA – Get Free Report ) announced a special dividend on Saturday, November 7th. Shareholders of record on Thursday, November 19th will be given a dividend of $0.14 per share by the biotechnology company on Wednesday, December 9th. The ex-dividend date is Thursday, November 19th.
Kamada has a dividend payout ratio of 30.8% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Kamada to earn $0.58 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 20.7%.
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Kamada Stock Up 6.6%
Shares of NASDAQ:KMDA traded up $0.48 during midday trading on Monday, hitting $7.71. 171,844 shares of the stock traded hands, compared to its average volume of 82,330. The stock has a market capitalization of $443.36 million, a PE ratio of 20.29, a P/E/G ratio of 0.61 and a beta of 0.90. The business’s 50 day moving average is $8.08 and its two-hundred day moving average is $8.00. Kamada has a one year low of $6.59 and a one year high of $9.35.
Kamada ( NASDAQ:KMDA – Get Free Report ) last issued its quarterly earnings data on Monday, Novem...