Compagnie Financière Richemont SA (CFRUY) to Issue Dividend of $0.18 on October 13th

Compagnie Financière Richemont SA (OTCMKTS:CFRUY) declared a dividend on Wednesday, September 6th, NASDAQ reports. Investors of record on Friday, September 22nd will be given a dividend of 0.1826 per share on Friday, October 13th. The ex-dividend date is Thursday, September 21st. This is an increase from Compagnie Financière Richemont’s previous dividend of $0.12.

Compagnie Financière Richemont Stock Performance

CFRUY stock opened at $13.28 on Tuesday. The company has a quick ratio of 1.89, a current ratio of 2.47 and a debt-to-equity ratio of 0.31. The firm’s fifty day moving average is $14.86 and its 200 day moving average is $15.68. Compagnie Financière Richemont has a 52 week low of $9.27 and a 52 week high of $17.86.

Analyst Ratings Changes

Several equities research analysts have weighed in on the stock. CLSA assumed coverage on shares of Compagnie Financière Richemont in a research report on Thursday, September 14th. They set a “buy” rating for the company. Telsey Advisory Group reissued a “market perform” rating on shares of Compagnie Financière Richemont in a research report on Monday, July 10th.

Compagnie Financière Richemont Company Profile

Compagnie Financière Richemont SA engages in the luxury goods business in France, the United Kingdom, Italy, Switzerland, and rest of Europe. The company operates through Jewellery Maisons, Specialist Watchmakers, and Other segments. It designs, manufactures, and distributes jewelry products, precision timepieces, watches, writing instruments, clothing, and leather goods and accessories.