Danone S.A. (OTCMKTS:DANOY) Declares Dividend of $0.37

Danone S.A. (OTCMKTS:DANOY) declared a dividend on Tuesday, April 29th, investing.com reports. Investors of record on Monday, May 5th will be paid a dividend of 0.3675 per share on Thursday, June 5th. This represents a yield of 2.16%. The ex-dividend date of this dividend is Friday, May 2nd.

Danone Stock Up 0.2 %

Shares of DANOY opened at $17.06 on Wednesday. The business’s 50 day simple moving average is $15.62 and its 200-day simple moving average is $14.40. Danone has a 1 year low of $12.01 and a 1 year high of $17.25. The company has a quick ratio of 0.74, a current ratio of 0.91 and a debt-to-equity ratio of 0.60.

Analysts Set New Price Targets

Several research analysts have commented on the stock. Royal Bank of Canada lowered shares of Danone from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, February 26th. Citigroup reaffirmed a “neutral” rating on shares of Danone in a research note on Thursday, April 24th. Sanford C. Bernstein raised shares of Danone from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 9th. Finally, Jefferies Financial Group lowered Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

About Danone

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.