Burberry Group plc Declares Dividend of $0.22 (OTCMKTS:BURBY)

Burberry Group plc (OTCMKTS:BURBY) announced a dividend on Saturday, November 18th, NASDAQ reports. Stockholders of record on Friday, December 15th will be given a dividend of 0.2171 per share on Wednesday, January 31st. The ex-dividend date of this dividend is Thursday, December 14th.

Burberry Group Stock Up 1.0 %

Shares of Burberry Group stock opened at $19.51 on Friday. The firm’s fifty day simple moving average is $22.36 and its 200-day simple moving average is $26.19. The company has a quick ratio of 1.71, a current ratio of 2.25 and a debt-to-equity ratio of 0.19. Burberry Group has a 12 month low of $19.19 and a 12 month high of $32.81.

Analyst Ratings Changes

A number of brokerages have recently commented on BURBY. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Burberry Group from GBX 2,240 ($27.51) to GBX 2,200 ($27.02) in a report on Tuesday, September 26th. Jefferies Financial Group assumed coverage on shares of Burberry Group in a research report on Wednesday, September 20th. They set a “hold” rating on the stock. UBS Group downgraded Burberry Group from a “neutral” rating to a “sell” rating in a research note on Monday, October 2nd. Finally, Barclays lowered their price objective on shares of Burberry Group from GBX 2,290 ($28.12) to GBX 2,230 ($27.39) in a research note on Wednesday, September 27th.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.