Mercedes-Benz Group (MBGAF) to Release Earnings on Wednesday

Mercedes-Benz Group (OTCMKTS:MBGAF - Get Free Report) is expected to be announcing its earnings results before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $2.08 per share and revenue of $39.60 billion for the quarter.

Mercedes-Benz Group Price Performance

Shares of MBGAF stock traded up $1.82 on Friday, hitting $65.18. 118,250 shares of the company's stock were exchanged, compared to its average volume of 39,014. The company has a 50 day moving average of $59.25 and a 200 day moving average of $59.91. The stock has a market cap of $69.73 billion, a P/E ratio of 4.92 and a beta of 1.26. Mercedes-Benz Group has a 12 month low of $51.00 and a 12 month high of $70.34.

Mercedes-Benz Group Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 12th were paid a $4.30 dividend. This is an increase from Mercedes-Benz Group's previous dividend of $1.63. The ex-dividend date of this dividend was Friday, May 9th. This represents a yield of 8.07%.

About Mercedes-Benz Group

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.