LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Plans Dividend Increase – $1.61 Per Share

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) declared a dividend on Thursday, April 11th, NASDAQ reports. Stockholders of record on Monday, April 22nd will be given a dividend of 1.6107 per share on Friday, May 10th. The ex-dividend date of this dividend is Friday, April 19th. This is a positive change from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Price Performance

OTCMKTS LVMUY opened at $165.41 on Friday. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a fifty-two week low of $138.11 and a fifty-two week high of $200.76. The business has a fifty day moving average of $178.96 and a 200-day moving average of $161.61. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.32 and a quick ratio of 0.63.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. HSBC cut LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a report on Tuesday, February 6th. Barclays raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a report on Tuesday, March 26th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold”.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

LVMH Moët Hennessy – Louis Vuitton, Société Européenne operates as a luxury goods company worldwide. The company offers wines, and spirits under the domaine des Lambrays, Château d'Yquem, Dom Pérignon, Ruinart, Moët & Chandon, Hennessy, Veuve Clicquot, Château Galoupet, Ardbeg, Château Cheval Blanc, Glenmorangie, Krug, Mercier, Chandon, Joseph Phelps, Newton Vineyard, Cloudy Bay, Belvedere, Colgin Cellars,Terrazas de los Andes, Bodega Numanthia, Cheval des Andes, Woodinville, Ao Yun, Clos19, Volcan de mi Tierra, and Eminente brands; and fashion and leather products under the Loewe, Moynat, Louis Vuitton, Berluti, RIMOWA, Patou, Loro Piana, FENDI, Celine, Christian Dior, Emilio Pucci, Givenchy, Kenzo, and Marc Jacobs brands.