Kering SA (OTCMKTS:PPRUY) Increases Dividend to $0.30 Per Share

Kering SA (OTCMKTS:PPRUY - Get Free Report) declared a dividend on Tuesday, April 29th, investing.com reports. Stockholders of record on Monday, May 5th will be paid a dividend of 0.3048 per share on Thursday, May 22nd. This represents a dividend yield of 2.11%. The ex-dividend date is Friday, May 2nd. This is a 45.4% increase from Kering's previous dividend of $0.21.

Kering Price Performance

Shares of OTCMKTS:PPRUY traded up $0.54 during mid-day trading on Friday, hitting $20.76. 209,491 shares of the company traded hands, compared to its average volume of 392,855. The stock has a 50-day moving average price of $22.13 and a two-hundred day moving average price of $23.95. Kering has a 12-month low of $17.02 and a 12-month high of $37.19. The company has a quick ratio of 0.87, a current ratio of 1.38 and a debt-to-equity ratio of 0.70.

Analyst Ratings Changes

A number of equities analysts have recently commented on PPRUY shares. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of Kering in a report on Thursday, April 24th. Kepler Capital Markets raised shares of Kering from a "hold" rating to a "strong-buy" rating in a report on Wednesday, February 26th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the company has a consensus rating of "Hold".

Kering Company Profile

Kering SA manages the development of a series of renowned houses in fashion, leather goods and jewelry in France, the Asia-Pacific, Western Europe, North America, Japan, and internationally. The company offers ready-to-wear products apparel and accessories for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics.