PERNOD RICARD S/ADR (OTCMKTS:PDRDY) Declares Dividend Increase – $0.31 Per Share

PERNOD RICARD S/ADR (OTCMKTS:PDRDY) announced a Semi-Annual dividend on Thursday, October 17th, Zacks reports. Stockholders of record on Friday, November 22nd will be paid a dividend of 0.308 per share on Thursday, December 12th. The ex-dividend date of this dividend is Thursday, November 21st. This is a boost from PERNOD RICARD S/ADR’s previous Semi-Annual dividend of $0.22.

Shares of PERNOD RICARD S/ADR stock opened at $37.92 on Wednesday. PERNOD RICARD S/ADR has a 1 year low of $31.17 and a 1 year high of $39.02. The stock has a fifty day moving average price of $36.64 and a 200-day moving average price of $36.11. The company has a quick ratio of 0.56, a current ratio of 1.79 and a debt-to-equity ratio of 0.40.

Several research firms have recently weighed in on PDRDY. Jefferies Financial Group upgraded PERNOD RICARD S/ADR from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. Zacks Investment Research upgraded PERNOD RICARD S/ADR from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. ValuEngine downgraded PERNOD RICARD S/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, October 2nd. Finally, Sanford C. Bernstein upgraded PERNOD RICARD S/ADR from an “underperform” rating to a “market perform” rating in a research note on Tuesday, September 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and three have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $38.00.

PERNOD RICARD S/ADR Company Profile

Pernod Ricard SA produces and sells beers, wines, and spirits in the Americas, Europe, Asia, and internationally. Its principal brands include Absolut, Ballantine's, Beefeater, Chivas Regal, Kahlúa, Malibu, Martell, and Brancott Estate. The company was founded in 1805 and is headquartered in Paris, France.

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Dividend History for PERNOD RICARD S/ADR (OTCMKTS:PDRDY)

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