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Porsche Automobil Holding SE Plans Dividend of $0.11 (OTCMKTS:POAHY)

Porsche Automobil logo with Auto/Tires/Trucks background

Porsche Automobil Holding SE (OTCMKTS:POAHY - Get Free Report) declared a dividend on Thursday, May 22nd, investing.com reports. Investors of record on Wednesday, May 28th will be paid a dividend of 0.112 per share on Thursday, June 12th. This represents a yield of 2.69%. The ex-dividend date of this dividend is Tuesday, May 27th.

Porsche Automobil Stock Down 1.0%

POAHY stock traded down $0.04 during midday trading on Tuesday, reaching $4.14. 66,839 shares of the company's stock traded hands, compared to its average volume of 301,830. Porsche Automobil has a 52-week low of $3.30 and a 52-week high of $5.47. The stock's 50-day moving average is $3.92 and its 200 day moving average is $3.83.

Analyst Ratings Changes

Several research firms recently commented on POAHY. DZ Bank lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Berenberg Bank lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Monday, February 10th. Barclays upgraded shares of Porsche Automobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Hsbc Global Res upgraded shares of Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research note on Thursday, February 13th. Finally, Kepler Capital Markets lowered shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 15th. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Hold".

Read Our Latest Analysis on Porsche Automobil

About Porsche Automobil

(Get Free Report)

Porsche Automobil Holding SE, through its subsidiaries, operates as an automobile manufacturer worldwide. It operates in two segments, Core Investments and Portfolio Investments. The company is involved in investments in the areas of mobility and industrial technology. It offers its products under the Volkswagen, Audi, SEAT, KODA, Bentley, Lamborghini, and Porsche brand names.

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Dividend History for Porsche Automobil (OTCMKTS:POAHY)

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