Heineken (OTCMKTS:HEINY) Announces Dividend Increase – $0.61 Per Share

Heineken (OTCMKTS:HEINY) announced a dividend on Wednesday, February 26th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 24th will be given a dividend of 0.6136 per share on Friday, May 9th. The ex-dividend date of this dividend is Thursday, April 24th. This is a 127.0% increase from Heineken’s previous dividend of $0.27.

Heineken Trading Up 1.0 %

Shares of OTCMKTS:HEINY opened at $45.29 on Tuesday. The company has a quick ratio of 0.52, a current ratio of 0.78 and a debt-to-equity ratio of 0.62. Heineken has a fifty-two week low of $32.77 and a fifty-two week high of $52.92. The business has a 50-day moving average of $41.90 and a two-hundred day moving average of $38.96.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on HEINY shares. Royal Bank of Canada raised Heineken from a “sector perform” rating to an “outperform” rating in a report on Friday, March 14th. Berenberg Bank upgraded shares of Heineken to a “strong-buy” rating in a research report on Wednesday, April 2nd.

About Heineken

Heineken N.V. brews and sells beer and cider in the Americas, Europe, Africa, the Middle East, Eastern Europe, and the Asia Pacific. The company provides soft drinks and water. It offers its beers under the Heineken, Heineken Light, Orchard Thieves, Orchard Thieves Light, Birra Moretti, Coors, Murphy's and Beamish Stouts, Desperados, Tiger, Sol, and Foster's brand, as well as under regional and local brands.