ConvaTec Group PLC (OTCMKTS:CNVVY) Announces $0.06 Dividend

ConvaTec Group PLC (OTCMKTS:CNVVY) declared a dividend on Wednesday, July 31st, NASDAQ reports. Stockholders of record on Friday, August 23rd will be paid a dividend of 0.0584 per share on Monday, October 21st. The ex-dividend date is Friday, August 23rd.

ConvaTec Group Price Performance

CNVVY opened at $12.61 on Thursday. ConvaTec Group has a 1 year low of $9.90 and a 1 year high of $15.40. The company’s 50 day simple moving average is $12.49 and its 200 day simple moving average is $13.02.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Berenberg Bank upgraded ConvaTec Group to a “strong-buy” rating in a report on Tuesday, August 6th. Barclays upgraded ConvaTec Group to a “strong-buy” rating in a research note on Wednesday, July 31st. Finally, UBS Group raised ConvaTec Group to a “strong-buy” rating in a research note on Wednesday, June 26th. Two equities research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Strong Buy”.

ConvaTec Group Company Profile

ConvaTec Group PLC engages in the development, manufacturing, and sale of medical products, services, and technologies in Europe, North America, and internationally. The company offers advanced wound dressings and skin care products for the management of acute and chronic wounds resulting from various conditions, such as diabetes, and acute conditions resulting from traumatic injury and burns.