$0.03 dividends just around the corner for KMG Chemicals, Inc. (NYSE:KMG) shareholders.

December 20, 2017 - By Marguerite Chambers

 $0.03 dividends just around the corner for KMG Chemicals, Inc. (NYSE:KMG) shareholders.
Investors sentiment increased to 1.66 in 2017 Q2. Its up 0.11, from 1.55 in 2017Q1. It improved, as 9 investors sold KMG Chemicals, Inc. shares while 35 reduced holdings. 37 funds opened positions while 36 raised stakes. 8.53 million shares or 5.60% more from 8.08 million shares in 2017Q1 were reported.
State Street owns 162,609 shares. 121,931 were accumulated by Northern Trust Corp. Bard Associate holds 1.29% or 58,420 shares in its portfolio. Aqr Cap Management Ltd Company invested in 0% or 11,530 shares. Susquehanna Int Gru Llp stated it has 0% in KMG Chemicals, Inc. (NYSE:KMG). New York-based Morgan Stanley has invested 0% in KMG Chemicals, Inc. (NYSE:KMG). Blackrock, New York-based fund reported 586,688 shares. 57,405 are owned by Wcm Investment Ca. Parametric Assocs Limited Liability Com stated it has 0% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG). Secor Capital Advsr Limited Partnership reported 34,085 shares. Glenmede Tru Na invested in 179 shares. Credit Suisse Ag accumulated 6,402 shares. Convergence Invest Ptnrs Lc has invested 0.1% in KMG Chemicals, Inc. (NYSE:KMG). Dimensional Fund Advsr Lp has 0.01% invested in KMG Chemicals, Inc. (NYSE:KMG). Trigran Invs holds 9.56% of its portfolio in KMG Chemicals, Inc. (NYSE:KMG) for 766,999 shares.

Since July 31, 2017, it had 0 buys, and 25 sales for $10.67 million activity.

KMG Chemicals, Inc. (NYSE:KMG) is expected to pay $0.03 on Jan 5, 2018. The indicated annual dividend is $0.12. Shareholders owning the stock before Dec 21, 2017 will be eligible to receive the payout. Based on KMG Chemicals, Inc.’s current price of $67.69, the dividend is 0.04 %. This dividend’s record date is Dec 22, 2017 and the announcement date is Dec 5, 2017. The stock increased 0.85% or $0.57 during the last trading session, reaching $67.69. About 179,504 shares traded. KMG Chemicals, Inc. (NYSE:KMG) has risen 169.63% since December 20, 2016 and is uptrending. It has outperformed by 152.93% the S&P500.

KMG Chemicals, Inc., through its subsidiaries, makes, formulates, and distributes specialty chemicals worldwide. The company has market cap of $1.04 billion. The companyÂ’s Electronic Chemicals segment is involved in the sale of high purity and ultra purity wet process chemicals primarily to clean and etch silicon wafers in the production of semiconductors. It has a 35.46 P/E ratio. This segmentÂ’s products include sulfuric, phosphoric, and nitric and hydrofluoric acids; ammonium hydroxide; hydrogen peroxide; isopropyl alcohol; other specialty organic solvents; and various blends of chemicals.

KMG Chemicals, Inc. (NYSE:KMG) Ratings Coverage

Among 4 analysts covering KMG Chemicals (NYSE:KMG), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. KMG Chemicals has $70.0 highest and $26 lowest target. $44.33’s average target is -34.51% below currents $67.69 stock price. KMG Chemicals had 8 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was downgraded by Gabelli to “Hold” on Wednesday, December 14. Global Hunter Securities upgraded the stock to “Neutral” rating in Wednesday, August 26 report. The stock of KMG Chemicals, Inc. (NYSE:KMG) earned “Strong-Buy” rating by Zacks on Wednesday, August 12. Gabelli upgraded the stock to “Buy” rating in Monday, May 1 report. On Monday, August 31 the stock rating was downgraded by Zacks to “Hold”. On Friday, December 11 the stock rating was upgraded by Seaport Global Securities to “Buy”. KeyBanc Capital Markets maintained KMG Chemicals, Inc. (NYSE:KMG) on Wednesday, December 13 with “Buy” rating.

More recent KMG Chemicals, Inc. (NYSE:KMG) news were published by: Seekingalpha.com which released: “KMG Chemicals’ (KMG) CEO Christopher Fraser on Q1 2018 Results - Earnings Call …” on December 12, 2017. Also Investorplace.com published the news titled: “3 Stocks to Watch on Tuesday: Casey’s General Stores Inc (CASY), KMG Chemicals …” on December 12, 2017. Seekingalpha.com‘s news article titled: “KMG Chemicals: The Story Is Playing Out” with publication date: December 17, 2017 was also an interesting one.

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