Compagnie Financiere Richemont AG to Issue Dividend of $0.17 (OTCMKTS:CFRUY)

Key Points

• Compagnie Financiere Richemont AG announced a dividend of $0.1714 per share, with investors of record on September 19th set to receive it on October 7th, representing a yield of 90.0%.
• The company's shares opened at $19.13, with a 1-year trading range between $13.06 and $21.04.
• Compagnie Financiere Richemont operates in the luxury goods sector, designing and distributing products such as jewelry, watches, and leather goods across various European countries.

Compagnie Financiere Richemont AG (OTCMKTS:CFRUY - Get Free Report) declared a dividend on Tuesday, September 16th, investing.com reports. Investors of record on Friday, September 19th will be paid a dividend of 0.1714 per share on Tuesday, October 7th. This represents a yield of 90.0%. The ex-dividend date is Thursday, September 18th.

Compagnie Financiere Richemont Trading Down 0.7%

OTCMKTS:CFRUY traded down $0.14 on Friday, reaching $18.76. The company's stock had a trading volume of 610,770 shares, compared to its average volume of 474,387. Compagnie Financiere Richemont has a 12-month low of $13.06 and a 12-month high of $21.04. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.90 and a quick ratio of 1.98. The stock has a 50 day moving average price of $17.39 and a 200 day moving average price of $17.86.

About Compagnie Financiere Richemont

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.