Volkswagen AG (OTCMKTS:VWAGY - Get Free Report) announced a dividend on Sunday, May 5th, NASDAQ reports. Investors of record on Friday, May 31st will be given a dividend of 0.6401 per share on Thursday, June 20th. The ex-dividend date is Friday, May 31st. This is a positive change from Volkswagen's previous dividend of $0.64.
Volkswagen Price Performance
Shares of VWAGY traded up $0.12 during trading hours on Friday, hitting $14.28. The company had a trading volume of 278,264 shares, compared to its average volume of 208,581. The business has a fifty day moving average of $15.08 and a 200-day moving average of $13.86. Volkswagen has a 12 month low of $11.16 and a 12 month high of $17.53.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the company. Sanford C. Bernstein reiterated a "market perform" rating on shares of Volkswagen in a research report on Wednesday, April 17th. Redburn Atlantic began coverage on Volkswagen in a research report on Wednesday, January 24th. They issued a "sell" rating for the company. Two research analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, Volkswagen has an average rating of "Hold".
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About Volkswagen
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Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.
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