L’Oréal S.A. Declares Dividend of $1.21 (OTCMKTS:LRLCY)

L’Oréal S.A. (OTCMKTS:LRLCY) announced a dividend on Tuesday, April 29th, investing.com reports. Investors of record on Monday, May 5th will be paid a dividend of 1.2082 per share on Thursday, May 29th. This represents a dividend yield of 1.39%. The ex-dividend date of this dividend is Friday, May 2nd.

L’Oréal Price Performance

Shares of LRLCY stock opened at $88.25 on Wednesday. L’Oréal has a 52-week low of $66.64 and a 52-week high of $99.65. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.01 and a quick ratio of 0.73. The stock has a 50 day moving average price of $77.69 and a 200 day moving average price of $74.02.

Analyst Ratings Changes

A number of brokerages recently issued reports on LRLCY. Berenberg Bank lowered L’Oréal from a “buy” rating to a “hold” rating in a research note on Tuesday, March 25th. Royal Bank of Canada raised L’Oréal from a “sector perform” rating to an “outperform” rating in a research report on Friday, March 21st. Finally, Argus raised L’Oréal to a “strong-buy” rating in a research report on Thursday, February 13th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

About L’Oréal

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.