Heineken NV to Issue Dividend of $0.33 (OTCMKTS:HEINY)

Key Points

• Heineken NV announced a dividend of $0.33 per share, payable on August 13th, for shareholders of record as of August 11th, with an ex-dividend date of August 8th.
• The dividend represents a substantial yield of 207.0%, highlighting the company's strong return for investors.
• As of the announcement, Heineken's stock opened at $39.81, with a 52-week range between a low of $32.77 and a high of $46.62.

Heineken NV (OTCMKTS:HEINY - Get Free Report) announced a dividend on Friday, August 1st, investing.com reports. Stockholders of record on Monday, August 11th will be paid a dividend of 0.3258 per share on Wednesday, August 13th. This represents a dividend yield of 207.0%. The ex-dividend date of this dividend is Friday, August 8th.

Heineken Stock Performance

Shares of HEINY stock traded down $0.12 during trading hours on Tuesday, reaching $39.32. The company's stock had a trading volume of 1,227,773 shares, compared to its average volume of 168,638. Heineken has a one year low of $32.77 and a one year high of $46.62. The firm's fifty day simple moving average is $44.02 and its 200 day simple moving average is $42.19. The company has a debt-to-equity ratio of 0.62, a current ratio of 0.77 and a quick ratio of 0.51.

About Heineken

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.