Mercedes-Benz Group AG (OTCMKTS:MBGYY - Get Free Report) announced a dividend on Saturday, May 3rd, investing.com reports. Investors of record on Monday, May 12th will be paid a dividend of 0.8297 per share on Tuesday, May 27th. This represents a yield of 5.54%. The ex-dividend date of this dividend is Friday, May 9th.
Mercedes-Benz Group Stock Performance
MBGYY stock traded down C$0.08 on Friday, reaching C$14.97. 612,286 shares of the company were exchanged, compared to its average volume of 436,146. The firm has a market capitalization of C$57.66 billion, a PE ratio of 5.42 and a beta of 1.09. Mercedes-Benz Group has a 12 month low of C$12.55 and a 12 month high of C$19.96. The stock's fifty day moving average price is C$15.05 and its 200 day moving average price is C$14.71. The company has a debt-to-equity ratio of 0.80, a current ratio of 1.36 and a quick ratio of 0.98.
Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported C$1.83 earnings per share (EPS) for the quarter. The business had revenue of C$34.95 billion during the quarter. Mercedes-Benz Group had a return on equity of 10.90% and a net margin of 6.99%. On average, research analysts anticipate that Mercedes-Benz Group will post 2.26 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on MBGYY shares. Barclays upgraded shares of Mercedes-Benz Group from a "strong sell" rating to a "hold" rating in a research report on Friday, March 21st. The Goldman Sachs Group cut Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 14th. Sanford C. Bernstein downgraded shares of Mercedes-Benz Group from an "outperform" rating to a "market perform" rating in a report on Thursday, January 16th. Finally, Berenberg Bank cut Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, January 22nd. Five research analysts have rated the stock with a hold rating, According to MarketBeat, Mercedes-Benz Group currently has a consensus rating of "Hold".
View Our Latest Analysis on MBGYY
About Mercedes-Benz Group
(
Get Free Report)
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.
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