DSV A/S (OTCMKTS:DSDVY) Declares Dividend Increase – $0.49 Per Share

DSV A/S (OTCMKTS:DSDVY) announced a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.4915 per share on Wednesday, April 9th. The ex-dividend date is Monday, March 24th. This is a positive change from DSV A/S’s previous dividend of $0.33.

DSV A/S Price Performance

OTCMKTS:DSDVY traded up $1.24 during midday trading on Wednesday, hitting $101.45. 39,900 shares of the stock were exchanged, compared to its average volume of 87,289. The company has a market capitalization of $48.78 billion, a price-to-earnings ratio of 29.66, a P/E/G ratio of 1.28 and a beta of 1.18. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33. DSV A/S has a one year low of $70.19 and a one year high of $115.75. The business has a 50-day moving average price of $103.00 and a two-hundred day moving average price of $103.29.

DSV A/S (OTCMKTS:DSDVY) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.86 EPS for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.12). DSV A/S had a return on equity of 15.61% and a net margin of 6.06%. Sell-side analysts predict that DSV A/S will post 3.97 EPS for the current year.

Analysts Set New Price Targets

Separately, BNP Paribas raised shares of DSV A/S to a “strong-buy” rating in a research note on Monday, November 18th.

DSV A/S Company Profile

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.