L'Oréal S.A. (OTCMKTS:LRLCY - Get Free Report) announced a dividend on Tuesday, April 29th, investing.com reports. Investors of record on Monday, May 5th will be given a dividend of 1.2082 per share on Thursday, May 29th. This represents a dividend yield of 1.39%. The ex-dividend date is Friday, May 2nd.
L'Oréal Stock Performance
Shares of LRLCY stock traded up $1.43 on Friday, reaching $88.55. 86,546 shares of the stock were exchanged, compared to its average volume of 241,981. The company has a current ratio of 1.01, a quick ratio of 0.73 and a debt-to-equity ratio of 0.13. The firm has a 50 day moving average of $78.30 and a two-hundred day moving average of $74.13. L'Oréal has a 1-year low of $66.64 and a 1-year high of $99.65.
Wall Street Analysts Forecast Growth
LRLCY has been the subject of a number of research reports. Royal Bank of Canada upgraded L'Oréal from a "sector perform" rating to an "outperform" rating in a report on Friday, March 21st. Argus upgraded shares of L'Oréal to a "strong-buy" rating in a research note on Thursday, February 13th. Finally, Berenberg Bank downgraded shares of L'Oréal from a "buy" rating to a "hold" rating in a research note on Tuesday, March 25th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the company currently has an average rating of "Hold".
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L'Oréal Company Profile
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L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.
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