Phibro Animal Health Corporation ($PAHC) Will Trade Ex-Dividend On November 24, 2020

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Phibro Animal Health Corporation (NASDAQ:PAHC) will begin trading ex-dividend on November 24, 2020. The quarterly dividend payment of $ 0.12 per share is scheduled to be paid on December 16, 2020. The dividend yield based on the latest trading day closing price was 2.52 percent. Shareholders who purchased PAHC shares prior to the ex-dividend date are eligible for the cash dividend payment.

Dividends History
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Phibro Animal Health Corporation recently reported fourth quarter financial results on August 26, 2020, after market close, the Teaneck based company reported income for the fourth quarter of $ 0.17 per share, from the revenue of $ 185.90 million. The quarterly earnings reduced 48.48 percent while revenues reduced 8.83 percent compared with the same quarter last year.
Street analysts expected Phibro Animal Health Corporation recently reported fourth quarter financial results on August 26, 2020, after market close, the Teaneck based company to report income of $ 0.22 per share on revenue of $ 188.90 million for the fourth quarter. The bottom line results missed street analysts by $ 0.05 or 22.73 percent, at the same time, top line results fell short of analysts by $ 3 million or 1.59 percent.

Stock Performance

Shares of Phibro Animal Health Corporation traded up $ 0.02 or 0.11 percent on Thursday, reaching $ 19.02 with volume of 153.60 thousand shares. Phibro Animal Health Corporation has traded high as $ 19.19 and has cracked $ 18.59 on the downward trend

According to the previous trading day, closing price of $ 19.02, representing a 16.78 % increase from the 52 week low of $ 16.27 and a 35.33 % decrease over the 52 week high of $ 29.38.

The company has a market capital of $ 769.43 million and is part of the Healthcare sector and Drug Manufacturers – Specialty & Generic industry.

Phibro Animal Health Corporation operates as a diversified animal health and mineral nutrition company primarily in the United States. It operates through three segments: Animal Health, Mineral Nutrition, and Performance Products. The company develops, manufactures, and markets products for a range of food animals, including poultry, swine, beef and dairy cattle, and aquaculture.