Movado Group Inc. (MOV) to Issue Quarterly Dividend of $0.40 on June 24th

Posted by on May 29th, 2026

Movado Group Inc. (NYSE:MOV – Get Free Report) declared a quarterly dividend on Wednesday, May 27th. Investors of record on Wednesday, June 10th will be paid a dividend of 0.40 per share on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 4.5%. The ex-dividend date is Wednesday, June 10th. This is a 14.3% increase from Movado Group’s previous quarterly dividend of $0.35.

Movado Group has raised its dividend payment by an average of 0.7%annually over the last three years.

Movado Group Trading Up 3.7%

Shares of MOV stock opened at $35.56 on Friday. The stock has a 50 day moving average of $26.78 and a 200 day moving average of $23.83. The stock has a market cap of $785.21 million, a P/E ratio of 25.40 and a beta of 0.86. Movado Group has a twelve month low of $14.70 and a twelve month high of $35.78.

Movado Group (NYSE:MOV – Get Free Report) last announced its quarterly earnings results on Wednesday, May 27th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.26. The company had revenue of $142.40 million during the quarter, compared to analysts’ expectations of $135.12 million. Movado Group had a return on equity of 7.13% and a net margin of 4.70%.During the same period last year, the business earned $0.06 earnings per share. On average, research analysts predict that Movado Group will post 1.53 earnings per share for the current fiscal year.

Analyst Ratings Changes

MOV has been the topic of a number of research analyst reports. Wall Street Zen raised Movado Group from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 7th. Northland Securities set a $35.00 target price on Movado Group in a research report on Wednesday. Finally, BWS Financial increased their target price on Movado Group from $31.50 to $45.00 and gave the stock a “buy” rating in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $40.00.

Read Our Latest Stock Report on Movado Group

Movado Group Company Profile

(Get Free Report)

Movado Group, Inc is a global designer, manufacturer and distributor of watches and related jewelry products. The company’s portfolio encompasses both owned and licensed brands, offering a wide range of timepieces from luxury to accessible price points. Major owned brands include Movado, Concord, and Ebel, alongside newer acquisitions such as MVMT and Olivia Burton. In addition, Movado Group holds licensing agreements to produce watches under fashion names like Hugo Boss, Tommy Hilfiger, Coach, Lacoste and Scuderia Ferrari.

Movado Group’s product line spans classic dress watches, sport and dive models, fashion-forward designs and limited-edition collections.

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Dividend History for Movado Group (NYSE:MOV)

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