Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) Announces Annual Dividend of $0.63

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) announced an annual dividend on Tuesday, November 18th. Stockholders of record on Friday, November 28th will be given a dividend of 0.6293 per share on Wednesday, December 10th. This represents a dividend yield of 530.0%. The ex-dividend date of this dividend is Friday, November 28th.

Cresud S.A.C.I.F. y A. Price Performance

Cresud S.A.C.I.F. y A. stock traded down $0.04 during mid-day trading on Wednesday, hitting $11.80. 76,696 shares of the company were exchanged, compared to its average volume of 239,499. Cresud S.A.C.I.F. y A. has a 12-month low of $8.39 and a 12-month high of $14.23. The company has a market capitalization of $745.57 million, a P/E ratio of 10.25 and a beta of 1.07. The business’s 50 day simple moving average is $10.16 and its two-hundred day simple moving average is $10.71. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.24 and a quick ratio of 0.93.

Cresud S.A.C.I.F. y A. (NASDAQ:CRESY) last posted its quarterly earnings data on Monday, November 10th. The company reported $0.42 EPS for the quarter. The business had revenue of $239.85 million for the quarter. Cresud S.A.C.I.F. y A. had a return on equity of 4.65% and a net margin of 10.57%.

Analyst Ratings Changes

Several research firms have issued reports on CRESY. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Cresud S.A.C.I.F. y A. in a research note on Wednesday, October 8th. Wall Street Zen downgraded shares of Cresud S.A.C.I.F. y A. from a “buy” rating to a “hold” rating in a research note on Monday, September 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Cresud S.A.C.I.F. y A. presently has an average rating of “Hold”.

About Cresud S.A.C.I.F. y A.

Cresud Sociedad Anónima, Comercial, Inmobiliaria, Financiera y Agropecuaria, an agricultural company, engages in the production of agricultural commodities in Brazil and other Latin American countries. The company operates through Agricultural Business, and Business Urban Properties and Investments segments.