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Porsche Automobil Holding SE Announces 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. Shareholders of record on Wednesday, May 28th will be given 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 1.1%

Shares of OTCMKTS:POAHY opened at $4.16 on Thursday. Porsche Automobil has a one year low of $3.30 and a one year high of $5.47. The company has a 50-day simple moving average of $3.92 and a 200-day simple moving average of $3.83.

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. Hsbc Global Res upgraded Porsche Automobil from a "moderate sell" rating to a "hold" rating in a research report on Thursday, February 13th. DZ Bank cut Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research note on Friday, March 28th. Berenberg Bank downgraded Porsche Automobil from a "strong-buy" rating to a "hold" rating in a report on Monday, February 10th. Barclays raised shares of Porsche Automobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 6th. Finally, Kepler Capital Markets downgraded shares of Porsche Automobil from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 15th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold".

Check Out Our Latest Analysis on POAHY

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)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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