Movado Group Inc. (NYSE:MOV) to Issue Quarterly Dividend of $0.40

Posted by Brenda Bartman on Aug 27th, 2026

Movado Group Inc. (NYSE:MOV – Get Free Report) declared a quarterly dividend on Wednesday, August 26th. Stockholders of record on Tuesday, September 8th will be given a dividend of 0.40 per share on Tuesday, September 22nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Tuesday, September 8th.

Movado Group has increased its dividend payment by an average of 0.7%per year over the last three years.

Movado Group Stock Performance

Shares of NYSE MOV opened at $34.49 on Thursday. Movado Group has a fifty-two week low of $16.75 and a fifty-two week high of $40.50. The company has a market cap of $761.54 million, a price-to-earnings ratio of 24.64 and a beta of 0.97. The business’s 50 day moving average price is $37.50 and its 200-day moving average price is $31.13.

Movado Group (NYSE:MOV – Get Free Report) last released its earnings results on Wednesday, August 26th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.19. The business had revenue of $169.75 million for the quarter, compared to analyst estimates of $164.20 million. Movado Group had a return on equity of 7.13% and a net margin of 4.70%. Sell-side analysts predict that Movado Group will post 1.87 earnings per share for the current year.

Movado Group News Summary

Here are the key news stories impacting Movado Group this week:

Positive Sentiment: Fiscal Q2 earnings were significantly above expectations: adjusted EPS was approximately $0.54 versus the consensus estimate of $0.35-$0.36, while revenue reached $169.8 million, ahead of estimates near $164.2 million. EPS also more than doubled from $0.23 a year earlier. Movado Q2 Earnings and Revenues Beat Estimates
Positive Sentiment: Sales increased 4.9% year over year to $169.8 million, operating income rose to $14.9 million from $4.0 million, and gross margin expanded to 59.4% from 54.1%. The quarter included $3.2 million in IEEPA duty refunds; gross margin was still a solid 57.5% excluding the refunds. Movado Group Announces Second Quarter Fiscal 2027 Results
Positive Sentiment: Movado ended the quarter with $211.6 million in cash and no debt, strengthening its balance sheet. The board also declared a quarterly dividend of $0.40 per share, payable September 22 to shareholders of record September 8, representing an annualized yield of roughly 4.6%.
Neutral Sentiment: Management expects mid-single-digit sales growth and a 55%-56% gross margin during the second half of fiscal 2027, excluding additional duty refunds. These targets indicate continued growth but imply some margin normalization from the reported Q2 level. Movado Expects Mid-Single-Digit Sales Growth and 55%-56% Second-Half Gross Margin
Negative Sentiment: Movado discontinued its annual fiscal 2027 outlook, limiting visibility into full-year revenue, earnings and margin performance. Investors may view the withdrawal as a sign of uncertainty around tariffs, consumer demand or the durability of the quarter’s unusually strong results.

Movado Group Company Profile

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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.