L'Oréal S.A. (OTCMKTS:LRLCY - Get Free Report) announced a dividend on Tuesday, April 29th, investing.com reports. Stockholders 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 of this dividend is Friday, May 2nd.
L'Oréal Trading Up 1.6 %
Shares of OTCMKTS:LRLCY traded up $1.43 during trading on Friday, reaching $88.55. 86,546 shares of the company were exchanged, compared to its average volume of 241,981. The business's fifty day simple moving average is $78.61 and its 200-day simple moving average is $74.14. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.73 and a current ratio of 1.01. L'Oréal has a 12-month low of $66.64 and a 12-month high of $99.65.
Wall Street Analysts Forecast Growth
Several research analysts have recently commented on the company. Argus raised L'Oréal to a "strong-buy" rating in a research report on Thursday, February 13th. Royal Bank of Canada upgraded shares of L'Oréal from a "sector perform" rating to an "outperform" rating in a report on Friday, March 21st. Finally, Berenberg Bank cut shares of L'Oréal from a "buy" rating to a "hold" rating in a report on Tuesday, March 25th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, L'Oréal currently has an average rating of "Hold".
Read Our Latest Report on LRLCY
About L'Oréal
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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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