DSV A/S (OTCMKTS:DSDVY) Raises Dividend to $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 of this dividend is Monday, March 24th. This is a boost from DSV A/S’s previous dividend of $0.33.

DSV A/S Trading Up 1.2 %

Shares of OTCMKTS:DSDVY traded up $1.24 during mid-day trading on Wednesday, reaching $101.45. The stock had a trading volume of 39,900 shares, compared to its average volume of 87,289. The firm has a 50 day simple moving average of $103.00 and a two-hundred day simple moving average of $103.29. DSV A/S has a twelve month low of $70.19 and a twelve month high of $115.75. The firm has a market cap of $48.78 billion, a PE ratio of 29.66, a price-to-earnings-growth 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 (OTCMKTS:DSDVY) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.86 earnings per share for the quarter, missing the consensus estimate of $0.98 by ($0.12). DSV A/S had a net margin of 6.06% and a return on equity of 15.61%. On average, research analysts predict that DSV A/S will post 3.97 EPS for the current fiscal year.

Analysts Set New Price Targets

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

About DSV A/S

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.