LVMH-Moet Hennessy Louis Vuitton SA to Issue Dividend of $1.18 (OTC:LVMUY)

LVMH-Moet Hennessy Louis Vuitton SA (OTC:LVMUY) declared a dividend on Thursday, November 7th,NASDAQ Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 1.181 per share on Thursday, December 19th. The ex-dividend date of this dividend is Friday, November 29th.

LVMH-Moet Hennessy Louis Vuitton Stock Performance

LVMUY traded up $0.65 during midday trading on Wednesday, reaching $124.65. The company had a trading volume of 352,852 shares, compared to its average volume of 431,404. LVMH-Moet Hennessy Louis Vuitton has a 1 year low of $119.56 and a 1 year high of $191.63.

Analysts Set New Price Targets

A number of brokerages have commented on LVMUY. Berenberg Bank upgraded shares of LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a report on Wednesday, October 30th. TD Cowen upgraded LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research report on Thursday, October 10th. Finally, Citigroup upgraded shares of LVMH-Moet Hennessy Louis Vuitton to a “strong-buy” rating in a research report on Friday, October 11th.

LVMH-Moet Hennessy Louis Vuitton Company Profile

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.