Givaudan SA (OTCMKTS:GVDNY) Plans Dividend Increase – $1.55 Per Share

Givaudan SA (OTCMKTS:GVDNY) declared a dividend on Monday, March 3rd, NASDAQ Dividends reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 1.5503 per share on Wednesday, April 9th. The ex-dividend date of this dividend is Tuesday, March 25th. This is a positive change from Givaudan’s previous dividend of $0.97.

Givaudan Stock Up 2.5 %

Shares of GVDNY stock traded up $2.28 on Tuesday, hitting $92.77. The stock had a trading volume of 13,977 shares, compared to its average volume of 31,887. Givaudan has a twelve month low of $83.13 and a twelve month high of $110.32. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.43 and a quick ratio of 0.94. The company has a fifty day moving average price of $87.06 and a two-hundred day moving average price of $93.61.

Analysts Set New Price Targets

GVDNY has been the topic of several research reports. Berenberg Bank raised shares of Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th. Barclays cut shares of Givaudan from a “hold” rating to a “strong sell” rating in a research report on Friday, November 15th.

Givaudan Company Profile

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.