Danone S.A. (OTCMKTS:DANOY) to Issue Dividend of $0.37

Danone S.A. (OTCMKTS:DANOY) announced a dividend on Tuesday, April 29th, investing.com reports. Stockholders of record on Monday, May 5th will be paid a dividend of 0.3675 per share on Thursday, June 5th. This represents a dividend yield of 2.16%. The ex-dividend date of this dividend is Friday, May 2nd.

Danone Stock Up 0.2 %

Shares of DANOY stock opened at $17.06 on Wednesday. The company’s 50 day moving average is $15.62 and its 200 day moving average is $14.40. The company has a debt-to-equity ratio of 0.60, a current ratio of 0.91 and a quick ratio of 0.74. Danone has a 52-week low of $12.01 and a 52-week high of $17.25.

Wall Street Analyst Weigh In

DANOY has been the subject of several recent research reports. Jefferies Financial Group lowered Danone from a “hold” rating to an “underperform” rating in a research report on Wednesday, January 8th. Royal Bank of Canada downgraded shares of Danone from a “moderate buy” rating to a “hold” rating in a report on Wednesday, February 26th. Sanford C. Bernstein upgraded shares of Danone from a “strong sell” rating to a “hold” rating in a report on Thursday, January 9th. Finally, Citigroup restated a “neutral” rating on shares of Danone in a research note on Thursday, April 24th. One analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to data from MarketBeat.com, Danone presently has an average rating of “Hold”.

Danone Company Profile

Danone SA operates in the food and beverage industry in Europe, Ukraine, North America, China, North Asia, the Oceania, Latin America, rest of Asia, Africa, Turkey, the Middle East, and the Commonwealth of Independent States. The company operates through Essential Dairy & Plant-Based, Specialized Nutrition, and Waters segments.