Ocean Bio-Chem, Inc. (NASDAQ:OBCI) will begin trading ex-dividend on December 2, 2020. The quarterly dividend payment of $ 0.02 per share is scheduled to be paid on December 17, 2020. The dividend yield based on the latest trading day closing price was 0.60 percent. Shareholders who purchased OBCI shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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Ocean Bio-Chem, Inc. recently reported third quarter financial results on November 13, 2020, after market close, the Fort Lauderdale based company posted income for the third quarter of $ 0.49 per share, from the revenue of $ 19.16 million. The quarterly earnings expanded 308.33 percent while revenues expanded 53.28 percent compared with the same quarter last year.
Stock Performance
Shares of Ocean Bio-Chem, Inc. traded up $ 0.71 or 5.66 percent on Monday, reaching $ 13.25 with volume of 55.60 thousand shares. Ocean Bio-Chem, Inc. has traded high as $ 13.30 and has cracked $ 12.62 on the downward trend
According to the previous trading day, closing price of $ 13.25, representing a 304.52 % increase from the 52 week low of $ 3.10 and a 44.39 % decrease over the 52 week high of $ 22.55.
The company has a market capital of $ 125.37 million and is part of the Industrials sector and Conglomerates industry.
Ocean Bio-Chem, Inc. manufactures, markets, and distributes appearance, performance, and maintenance products for the marine, automotive, power sports, recreational vehicle, and outdoor power equipment markets in the United States and Canada. The company offers marine products, including polishes, cleaners, protectants, waxes, enzyme fuel treatments, private label products, motor and teak oils, boat washes, vinyl and teak cleaners, bilge and hull cleaners, silicone and polyurethane sealants, polysulfide sealants, gasket materials, lubricants, antifouling additives, and anti-freeze coolants; and brushes, brush handles, tie-downs, and other related accessories.
