LVMH Moët Hennessy – Louis Vuitton, Société Européenne (LVMUY) to Issue Dividend of $1.61 on May 10th

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 an increase from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.20.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Up 3.1 %

Shares of LVMUY opened at $172.32 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 1.32 and a quick ratio of 0.63. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1-year low of $138.11 and a 1-year high of $200.76. The firm has a 50 day simple moving average of $179.02 and a 200-day simple moving average of $162.08.

Wall Street Analyst Weigh In

LVMUY has been the subject of several recent research reports. HSBC downgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “buy” rating to a “hold” rating in a research report on Tuesday, February 6th. Barclays raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, March 26th. Four analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus 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.