Lenovo Group Ltd. (OTCMKTS:LNVGY - Get Free Report) announced a dividend on Friday, July 18th, investing.com reports. Stockholders of record on Friday, August 1st will be paid a dividend of 0.7593 per share by the technology company on Wednesday, August 20th. This represents a dividend yield of 3.66%. The ex-dividend date is Thursday, July 31st. This is a 282.7% increase from Lenovo Group's previous dividend of $0.20.
Lenovo Group Stock Down 1.6%
Shares of OTCMKTS LNVGY traded down $0.41 during mid-day trading on Friday, reaching $25.76. The company had a trading volume of 26,481 shares, compared to its average volume of 37,715. Lenovo Group has a twelve month low of $17.84 and a twelve month high of $35.09. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.67 and a current ratio of 0.93. The stock has a market capitalization of $15.98 billion, a PE ratio of 11.98, a price-to-earnings-growth ratio of 0.62 and a beta of 0.77. The stock's 50 day moving average is $24.26 and its 200-day moving average is $25.62.
Lenovo Group (OTCMKTS:LNVGY - Get Free Report) last posted its quarterly earnings results on Thursday, May 22nd. The technology company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.04. The business had revenue of $16.98 billion for the quarter, compared to the consensus estimate of $15.77 billion. Lenovo Group had a net margin of 2.00% and a return on equity of 25.20%. As a group, equities analysts anticipate that Lenovo Group will post 2.06 earnings per share for the current fiscal year.
Lenovo Group Company Profile
(
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Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
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