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 is Friday, May 9th.
Mercedes-Benz Group Stock Up 2.1 %
OTCMKTS MBGYY traded up C$0.31 on Thursday, hitting C$15.38. 168,619 shares of the stock were exchanged, compared to its average volume of 434,701. Mercedes-Benz Group has a fifty-two week low of C$12.55 and a fifty-two week high of C$18.87. The company has a 50-day moving average price of C$15.03 and a 200-day moving average price of C$14.70. The company has a quick ratio of 0.98, a current ratio of 1.36 and a debt-to-equity ratio of 0.80. The company has a market cap of C$59.24 billion, a PE ratio of 5.57 and a beta of 1.06.
Mercedes-Benz Group (OTCMKTS:MBGYY - Get Free Report) last issued its earnings results on Wednesday, April 30th. The company reported C$1.83 EPS for the quarter. The firm had revenue of C$34.95 billion during the quarter. Mercedes-Benz Group had a net margin of 6.99% and a return on equity of 10.90%. Sell-side analysts anticipate that Mercedes-Benz Group will post 2.26 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on the company. Sanford C. Bernstein downgraded Mercedes-Benz Group from an "outperform" rating to a "market perform" rating in a report on Thursday, January 16th. Berenberg Bank cut shares of Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a report on Wednesday, January 22nd. Barclays upgraded shares of Mercedes-Benz Group from a "strong sell" rating to a "hold" rating in a research report on Friday, March 21st. Finally, The Goldman Sachs Group downgraded shares of Mercedes-Benz Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Five investment analysts have rated the stock with a hold rating, According to MarketBeat.com, the stock currently has an average rating of "Hold".
Get Our Latest Stock Analysis on Mercedes-Benz Group
About Mercedes-Benz Group
(
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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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