Volkswagen AG (VWAGY) To Go Ex-Dividend on May 31st

Volkswagen AG (OTCMKTS:VWAGY) announced a dividend on Sunday, May 5th, NASDAQ reports. Shareholders of record on Friday, May 31st will be paid a dividend of 0.6401 per share on Thursday, June 20th. The ex-dividend date is Friday, May 31st. This is an increase from Volkswagen’s previous dividend of $0.64.

Volkswagen Price Performance

OTCMKTS:VWAGY opened at $14.50 on Tuesday. The stock has a 50 day simple moving average of $15.06 and a 200 day simple moving average of $13.88. Volkswagen has a 1-year low of $11.16 and a 1-year high of $17.53.

Analysts Set New Price Targets

A number of analysts have issued reports on VWAGY shares. Sanford C. Bernstein reissued a “market perform” rating on shares of Volkswagen in a report on Wednesday, April 17th. Redburn Atlantic assumed coverage on Volkswagen in a report on Wednesday, January 24th. They set a “sell” rating on the stock. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, Volkswagen currently has a consensus rating of “Hold”.

About Volkswagen

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.