LVMH Moët Hennessy – Louis Vuitton, Société Européenne Plans Dividend of $1.18 (OTCMKTS:LVMUY)

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Shareholders of record on Friday, November 29th will be given a dividend of 1.181 per share on Thursday, December 19th. The ex-dividend date of this dividend is Friday, November 29th.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Performance

Shares of OTCMKTS LVMUY traded down $5.50 during mid-day trading on Friday, reaching $129.10. The company had a trading volume of 486,700 shares, compared to its average volume of 285,597. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 1-year low of $125.00 and a 1-year high of $191.63. The company has a 50-day moving average price of $138.13 and a two-hundred day moving average price of $149.33.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on LVMUY. Berenberg Bank raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a report on Wednesday, October 30th. TD Cowen raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Thursday, October 10th. Finally, Citigroup raised shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne to a “strong-buy” rating in a research note on Friday, October 11th. Three analysts have rated the stock with a hold rating, one has given a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy”.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Company Profile

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.