Vivendi SE Announces Annual Dividend of $0.56 (OTCMKTS:VIVHY)

Vivendi SE (OTCMKTS:VIVHY) announced an annual dividend on Monday, June 7th, Zacks reports. Shareholders of record on Thursday, June 24th will be paid a dividend of 0.563 per share by the utilities provider on Monday, July 12th. This represents a yield of 1.58%. The ex-dividend date of this dividend is Wednesday, June 23rd.

Shares of OTCMKTS:VIVHY opened at $35.65 on Wednesday. The firm’s fifty day moving average price is $35.03. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.61 and a current ratio of 0.63. Vivendi has a 12-month low of $24.55 and a 12-month high of $37.23. The firm has a market cap of $42.26 billion, a P/E ratio of 29.22, a P/E/G ratio of 1.87 and a beta of 0.70.

Several research firms have commented on VIVHY. Citigroup downgraded shares of Vivendi from a “buy” rating to a “neutral” rating in a research report on Tuesday, February 16th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Vivendi in a research report on Monday, March 1st. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Vivendi in a research report on Friday, March 5th. Barclays restated an “equal weight” rating on shares of Vivendi in a report on Friday, April 23rd. Finally, Credit Suisse Group restated an “outperform” rating on shares of Vivendi in a report on Friday, May 14th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Vivendi currently has a consensus rating of “Buy” and an average price target of $40.00.

About Vivendi

Vivendi SE operates as a content, media, and communication company in France, the rest of Europe, the Americas, Asia/Oceania, and Africa. It operates through Universal Music Group, Canal+ Group, Havas Group, Editis, Gameloft, Vivendi Village, and New Initiatives segments. The Universal Music Group segment engages in the sale of digital and physical recorded music; and exploitation of music publishing rights, as well as provision of the artist and merchandising services.

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