Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY) to Issue $0.21 Dividend

Key Points

• Colruyt SA Unsponsored ADR announced a dividend of $0.21 per share, with a yield of 191.0%, payable on October 15th for shareholders of record on October 7th.
• The stock is currently priced at $11.19, having a 12-month low of $9.26 and a high of $12.05, while also showing a quick ratio of 0.57.
• Zacks Research has downgraded Colruyt's rating from "hold" to "strong sell", contributing to an average rating of "Sell" among equity analysts.

Colruyt SA Unsponsored ADR (OTCMKTS:CUYTY - Get Free Report) declared a dividend on Wednesday, October 1st, investing.com reports. Shareholders of record on Tuesday, October 7th will be paid a dividend of 0.2137 per share on Wednesday, October 15th. This represents a yield of 191.0%. The ex-dividend date is Monday, October 6th.

Colruyt Price Performance

Shares of Colruyt stock opened at $11.19 on Wednesday. Colruyt has a 12-month low of $9.26 and a 12-month high of $12.05. The company has a quick ratio of 0.57, a current ratio of 0.90 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average of $11.04 and a two-hundred day moving average of $10.71.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Colruyt from a "hold" rating to a "strong sell" rating in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Colruyt currently has an average rating of "Sell".

Colruyt Company Profile

Colruyt Group N.V., together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belgium, France, Luxembourg, and internationally. It operates through three segments: Retail, Wholesale and Foodservice, and Other Activities. The company provides groceries, fresh products, dry products, and frozen and non-food products; and operates CNG, hydrogen filling, and charging stations.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.