Hennes & Mauritz AB (HNNMY) to Issue None Dividend of $0.08 on December 4th

Hennes & Mauritz AB (OTCMKTS:HNNMY) announced a None dividend on Tuesday, September 26th, Zacks reports. Shareholders of record on Tuesday, November 14th will be given a dividend of 0.083 per share on Monday, December 4th. The ex-dividend date is Monday, November 13th. This is a boost from Hennes & Mauritz AB’s previous None dividend of $0.08.

Hennes & Mauritz AB (OTCMKTS HNNMY) traded down $0.13 during trading hours on Wednesday, hitting $4.81. 88,153 shares of the stock were exchanged, compared to its average volume of 61,052. Hennes & Mauritz AB has a 12 month low of $4.52 and a 12 month high of $6.02. The company has a market capitalization of $36,078.60, a price-to-earnings ratio of 19.76, a price-to-earnings-growth ratio of 2.08 and a beta of 1.07.

A number of equities analysts recently issued reports on the stock. Zacks Investment Research raised shares of Hennes & Mauritz AB from a “hold” rating to a “buy” rating and set a $5.50 target price on the stock in a research report on Thursday, September 7th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating on shares of Hennes & Mauritz AB in a research report on Tuesday, August 8th.

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About Hennes & Mauritz AB

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, and cosmetics for women, men, teenagers, children, and babies. It offers sportswear, underwear, shoes, bags, jewelry, scarves, hats, belts, beauty products, stationery, ready-to-wear, and jeans wear; hair styling, body care, and make-up accessories; and homeware accessories for the living room, kitchen, bedroom, bathroom and children’s room.

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