Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Plans Dividend Increase - $0.52 Per Share

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) announced a dividend on Saturday, April 6th, NASDAQ reports. Investors of record on Monday, April 15th will be given a dividend of 0.5226 per share on Thursday, April 25th. The ex-dividend date is Friday, April 12th. This is an increase from Koninklijke Ahold Delhaize's previous dividend of $0.42.

Koninklijke Ahold Delhaize Price Performance

ADRNY stock traded down €0.38 ($0.41) during trading on Friday, hitting €29.71 ($31.95). The company had a trading volume of 92,600 shares, compared to its average volume of 75,191. The company has a current ratio of 0.73, a quick ratio of 0.44 and a debt-to-equity ratio of 0.28. The business has a 50 day moving average of €29.40 and a 200 day moving average of €29.31. Koninklijke Ahold Delhaize has a fifty-two week low of €27.51 ($29.58) and a fifty-two week high of €35.51 ($38.18). The firm has a market capitalization of $28.35 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 5.03 and a beta of 0.50.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY - Get Free Report) last released its quarterly earnings data on Wednesday, February 14th. The company reported €0.79 ($0.85) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a return on equity of 16.11% and a net margin of 2.11%. The firm had revenue of €24.79 billion during the quarter. As a group, research analysts predict that Koninklijke Ahold Delhaize will post 2.66 earnings per share for the current year.

Analysts Set New Price Targets

Separately, HSBC lowered Koninklijke Ahold Delhaize from a "hold" rating to a "reduce" rating in a research note on Tuesday, February 6th.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.