Deutsche Lufthansa AG (OTCMKTS:DLAKY) Increases Dividend to $0.22 Per Share

Deutsche Lufthansa AG (OTCMKTS:DLAKY - Get Free Report) declared a dividend on Friday, May 2nd, investing.com reports. Shareholders of record on Friday, May 9th will be given a dividend of 0.2226 per share by the transportation company on Friday, May 16th. This represents a yield of 3.09%. The ex-dividend date of this dividend is Thursday, May 8th. This is a 1.5% increase from Deutsche Lufthansa's previous dividend of $0.22.

Deutsche Lufthansa Trading Down 0.9 %

OTCMKTS:DLAKY traded down $0.07 on Wednesday, reaching $7.30. The company's stock had a trading volume of 46,502 shares, compared to its average volume of 93,796. Deutsche Lufthansa has a 12-month low of $5.69 and a 12-month high of $8.78. The stock has a 50 day moving average price of $7.41 and a 200 day moving average price of $6.89. The firm has a market cap of $8.75 billion, a price-to-earnings ratio of 8.80, a price-to-earnings-growth ratio of 1.07 and a beta of 1.15. The company has a quick ratio of 0.77, a current ratio of 0.82 and a debt-to-equity ratio of 1.17.

Deutsche Lufthansa (OTCMKTS:DLAKY - Get Free Report) last released its quarterly earnings results on Tuesday, April 29th. The transportation company reported ($0.78) EPS for the quarter, missing analysts' consensus estimates of ($0.61) by ($0.17). Deutsche Lufthansa had a return on equity of 11.33% and a net margin of 2.46%. The firm had revenue of $9.25 billion for the quarter, compared to analyst estimates of $7.93 billion. On average, equities analysts anticipate that Deutsche Lufthansa will post 0.87 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

DLAKY has been the topic of a number of analyst reports. Sanford C. Bernstein raised Deutsche Lufthansa from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 12th. Citigroup upgraded Deutsche Lufthansa from a "strong sell" rating to a "strong-buy" rating in a research note on Wednesday, January 8th. Finally, Barclays downgraded shares of Deutsche Lufthansa from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, March 12th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy".

Deutsche Lufthansa Company Profile

Deutsche Lufthansa AG operates as an aviation company worldwide. It operates in three segments: Passenger Airlines; Logistics; and Maintenance, Repair and Overhaul Services (MRO). The Passenger Airlines segment offers products and services to passengers of Lufthansa Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings.