Samsonite International S.A. (OTCMKTS:SMSEY) to Issue $0.39 Dividend

Samsonite International S.A. (OTCMKTS:SMSEY - Get Free Report) announced a dividend on Tuesday, June 3rd, investing.com reports. Stockholders of record on Monday, June 9th will be paid a dividend of 0.3865 per share on Wednesday, July 30th. This represents a dividend yield of 4.16%. The ex-dividend date is Friday, June 6th.

Samsonite International Stock Down 2.7%

Shares of OTCMKTS:SMSEY traded down $0.25 during trading on Wednesday, hitting $9.04. 20,050 shares of the company were exchanged, compared to its average volume of 14,950. The firm's 50 day moving average price is $9.35 and its 200-day moving average price is $12.16. Samsonite International has a 12-month low of $8.32 and a 12-month high of $16.05. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.61 and a quick ratio of 1.07. The stock has a market capitalization of $2.50 billion, a P/E ratio of 6.95 and a beta of 0.69.

Samsonite International (OTCMKTS:SMSEY - Get Free Report) last released its earnings results on Tuesday, May 13th. The company reported $0.19 earnings per share (EPS) for the quarter. Samsonite International had a return on equity of 22.81% and a net margin of 10.56%. The business had revenue of $796.60 million for the quarter, compared to analyst estimates of $799.00 million. On average, research analysts predict that Samsonite International will post 1.15 earnings per share for the current fiscal year.

Samsonite International Company Profile

Samsonite International SA engages in the design, manufacture, sourcing, and distribution of travel luggage bags in North America, Asia, Europe, and Latin America. The company offers luggage, business, computer, outdoor, casual, and women's bags; and travel accessories and slim protective cases for personal electronic devices primarily under the Samsonite, Tumi, American Tourister, Speck, High Sierra, Gregory, Lipault, Kamiliant, Hartmann, and eBags brands, as well as other owned and licensed brand names.