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

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) announced a dividend on Monday, March 24th, NASDAQ Dividends reports. Investors of record on Wednesday, April 23rd will be paid a dividend of 1.6206 per share on Tuesday, May 13th. The ex-dividend date 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 %

LVMUY traded down $0.90 during trading on Monday, hitting $128.99. The company’s stock had a trading volume of 395,107 shares, compared to its average volume of 374,156. The business’s 50 day simple moving average is $141.50 and its 200-day simple moving average is $136.13. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a one year low of $119.56 and a one year high of $183.65.

Analyst Ratings Changes

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