LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Announces Dividend of $1.62

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Wednesday, April 23rd will be given a dividend of 1.6206 per share on Tuesday, May 13th. The ex-dividend date of this dividend is Wednesday, April 23rd. This is a 37.2% increase from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.18.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Down 0.7 %

OTCMKTS:LVMUY opened at $128.99 on Tuesday. The business has a 50 day simple moving average of $141.40 and a 200-day simple moving average of $136.07. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1 year low of $119.56 and a 1 year high of $183.65.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Kepler Capital Markets upgraded LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. Hsbc Global Res raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research note on Monday, December 2nd. HSBC upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Finally, Bank of America raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research report on Thursday, January 16th. Three investment analysts have rated the stock with a buy rating and five have given a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

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.