Carlsberg A/S (OTCMKTS:CABGY) Announces Dividend Increase – $0.76 Per Share

Carlsberg A/S (OTCMKTS:CABGYGet Free Report) declared a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 19th will be paid a dividend of 0.7593 per share on Thursday, March 27th. The ex-dividend date of this dividend is Wednesday, March 19th. This is a 44.5% increase from Carlsberg A/S’s previous dividend of $0.53.

Carlsberg A/S Stock Up 3.1 %

CABGY stock opened at $26.65 on Monday. Carlsberg A/S has a one year low of $18.21 and a one year high of $29.59. The company has a fifty day moving average price of $22.48 and a two-hundred day moving average price of $21.99. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 0.89.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CABGY. Royal Bank of Canada upgraded shares of Carlsberg A/S from a “sector perform” rating to an “outperform” rating in a research report on Friday. BNP Paribas lowered Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 4th.

Check Out Our Latest Stock Analysis on Carlsberg A/S

Carlsberg A/S Company Profile

(Get Free Report)

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

Further Reading

Dividend History for Carlsberg A/S (OTCMKTS:CABGY)

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