AB Volvo (publ) (VLVLY) To Go Ex-Dividend on April 4th

AB Volvo (publ) (OTCMKTS:VLVLY) announced a dividend on Wednesday, January 29th, NASDAQ Dividends reports. Investors of record on Friday, April 4th will be given a dividend of 1.6823 per share on Thursday, April 24th. The ex-dividend date of this dividend is Friday, April 4th. This is a 134.3% increase from AB Volvo (publ)’s previous dividend of $0.72.

AB Volvo (publ) Stock Performance

Shares of OTCMKTS VLVLY opened at $29.23 on Wednesday. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.28 and a quick ratio of 0.97. AB Volvo has a 1 year low of $23.27 and a 1 year high of $33.33. The firm has a fifty day moving average price of $29.99 and a 200-day moving average price of $27.00. The stock has a market cap of $59.42 billion, a PE ratio of 12.44 and a beta of 1.30.

AB Volvo (publ) (OTCMKTS:VLVLY) last issued its quarterly earnings results on Wednesday, January 29th. The company reported $0.49 EPS for the quarter. AB Volvo (publ) had a return on equity of 27.91% and a net margin of 9.57%. Equities analysts anticipate that AB Volvo will post 2.38 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently issued reports on VLVLY. UBS Group upgraded AB Volvo (publ) from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. Sanford C. Bernstein began coverage on shares of AB Volvo (publ) in a research report on Tuesday. They issued an “underperform” rating on the stock. Finally, Barclays downgraded shares of AB Volvo (publ) from an “equal weight” rating to an “underweight” rating in a research report on Tuesday, March 25th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, AB Volvo (publ) currently has a consensus rating of “Moderate Buy”.

AB Volvo (publ) Company Profile

AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks brands; and city and intercity buses, coaches, and chassis under the Prevost and Volvo Bus brands.