Repsol, S.A. (OTCMKTS:REPYY) to Issue Dividend Increase – $0.50 Per Share

Repsol, S.A. (OTCMKTS:REPYY) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid a dividend of 0.4951 per share by the energy company on Tuesday, January 21st. The ex-dividend date is Monday, January 13th. This is a boost from Repsol’s previous dividend of $0.43.

Repsol Stock Performance

Shares of REPYY traded up $0.07 on Friday, reaching $12.31. 274,251 shares of the stock traded hands, compared to its average volume of 302,576. The firm has a market cap of $14.98 billion, a price-to-earnings ratio of 6.48 and a beta of 0.74. Repsol has a 12 month low of $11.25 and a 12 month high of $17.61. The stock’s 50-day moving average price is $12.23 and its 200-day moving average price is $13.37. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04.

Repsol (OTCMKTS:REPYY) last released its quarterly earnings data on Thursday, October 31st. The energy company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). Repsol had a return on equity of 13.09% and a net margin of 3.74%. The business had revenue of $14.95 billion for the quarter. Equities analysts forecast that Repsol will post 2.78 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on REPYY. UBS Group raised Repsol to a “hold” rating in a research note on Monday, September 16th. Sanford C. Bernstein lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. BNP Paribas downgraded shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, October 9th. Finally, Citigroup raised shares of Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. Four equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.