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

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

Porsche Automobil Trading Up 0.4%

Shares of POAHY stock opened at $4.18 on Friday. The firm has a fifty day moving average price of $3.92 and a 200 day moving average price of $3.83. Porsche Automobil has a 12 month low of $3.30 and a 12 month high of $5.47.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. DZ Bank cut Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report 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 upgraded Porsche Automobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 6th. Kepler Capital Markets lowered Porsche Automobil from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 15th. Finally, Hsbc Global Res raised Porsche Automobil from a “moderate sell” rating to a “hold” rating in a report on Thursday, February 13th. Two equities research 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 stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Porsche Automobil Company Profile

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.