LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) Raises Dividend to $1.62 Per Share

LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) declared a dividend on Monday, March 24th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 23rd will be given a dividend of 1.6206 per share on Tuesday, May 13th. The ex-dividend date is Wednesday, April 23rd. This is a 37.2% increase from LVMH Moët Hennessy – Louis Vuitton, Société Européenne’s previous dividend of $1.18.

LVMH Moët Hennessy – Louis Vuitton, Société Européenne Stock Down 0.7 %

OTCMKTS LVMUY opened at $128.99 on Tuesday. The company has a 50-day moving average price of $141.40 and a 200-day moving average price of $136.07. LVMH Moët Hennessy – Louis Vuitton, Société Européenne has a 52 week low of $119.56 and a 52 week high of $183.65.

Analyst Ratings Changes

LVMUY has been the topic of several recent research reports. Hsbc Global Res upgraded shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd. Kepler Capital Markets raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. HSBC raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “hold” rating to a “buy” rating in a report on Monday, December 2nd. Finally, Bank of America raised LVMH Moët Hennessy – Louis Vuitton, Société Européenne from a “neutral” rating to a “buy” rating in a research note on Thursday, January 16th. Three equities research analysts have rated the stock with a buy rating and five have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Strong Buy”.

About LVMH Moët Hennessy – Louis Vuitton, Société Européenne

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.