Ahold NV (OTCMKTS:ADRNY) Announces Dividend of $0.42

Key Points

• Ahold NV has announced a dividend of $0.42 per share, which will be distributed to stockholders on August 28th, following an ex-dividend date of August 11th.
• The company's stock traded down 0.1%, reaching €40.91 ($47.57), with a market capitalization of $37.25 billion and a price-to-earnings ratio of 18.68.
• Recent research reports have shown mixed analyst ratings, with Kepler Capital Markets downgrading Ahold to a "hold" rating, while Wall Street Zen upgraded it to a "strong-buy" rating.

Ahold NV (OTCMKTS:ADRNY - Get Free Report) announced a dividend on Saturday, August 9th, investing.com reports. Stockholders of record on Tuesday, August 12th will be given a dividend of 0.4157 per share on Thursday, August 28th. This represents a dividend yield of 250.0%. The ex-dividend date is Monday, August 11th.

Ahold Trading Down 0.1%

OTCMKTS:ADRNY traded down €0.05 ($0.06) during trading hours on Friday, reaching €40.91 ($47.57). The company's stock had a trading volume of 47,900 shares, compared to its average volume of 96,433. The firm has a market capitalization of $37.25 billion, a price-to-earnings ratio of 18.68, a PEG ratio of 1.67 and a beta of 0.50. The firm has a 50-day simple moving average of €41.05 and a 200-day simple moving average of €39.06. Ahold has a 1 year low of €31.64 ($36.79) and a 1 year high of €42.98 ($49.98). The company has a debt-to-equity ratio of 0.31, a quick ratio of 0.46 and a current ratio of 0.75.

Ahold (OTCMKTS:ADRNY - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The company reported €0.74 ($0.86) earnings per share (EPS) for the quarter. Ahold had a net margin of 2.02% and a return on equity of 15.82%. Research analysts expect that Ahold will post 2.84 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on ADRNY shares. Kepler Capital Markets downgraded shares of Ahold from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 8th. Wall Street Zen raised shares of Ahold from a "buy" rating to a "strong-buy" rating in a report on Thursday, May 22nd.

About Ahold

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.

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