H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Declares Dividend Increase – $0.06 Per Share

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) declared a dividend on Friday, October 18th, NASDAQ reports. Stockholders of record on Friday, November 8th will be given a dividend of 0.0625 per share on Wednesday, November 27th. The ex-dividend date of this dividend is Friday, November 8th. This is an increase from H & M Hennes & Mauritz AB (publ)’s previous dividend of $0.06.

H & M Hennes & Mauritz AB (publ) Stock Down 0.8 %

Shares of OTCMKTS HNNMY opened at $3.28 on Friday. The firm has a market cap of $23.22 billion, a P/E ratio of 25.23 and a beta of 1.44. The company has a debt-to-equity ratio of 1.07, a quick ratio of 0.55 and a current ratio of 1.11. H & M Hennes & Mauritz AB has a 1 year low of $2.52 and a 1 year high of $3.69. The firm’s 50 day moving average price is $3.20 and its 200 day moving average price is $3.22.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) last issued its quarterly earnings results on Thursday, September 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.84 billion. H & M Hennes & Mauritz AB (publ) had a return on equity of 23.03% and a net margin of 4.30%. As a group, sell-side analysts anticipate that H & M Hennes & Mauritz AB will post 0.15 earnings per share for the current year.

Wall Street Analysts Forecast Growth

HNNMY has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft raised shares of H & M Hennes & Mauritz AB (publ) from a “sell” rating to a “buy” rating in a research report on Wednesday, July 3rd. HSBC raised shares of H & M Hennes & Mauritz AB (publ) from a “hold” rating to a “buy” rating in a research note on Friday, July 5th. Finally, Barclays raised H & M Hennes & Mauritz AB (publ) to a “strong-buy” rating in a research report on Friday, September 27th.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.