Valeo SE to Issue Dividend of $0.17 (OTCMKTS:VLEEY)

Valeo SE (OTCMKTS:VLEEY) declared a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be paid a dividend of 0.1742 per share on Thursday, June 26th. This represents a yield of 3.35%. The ex-dividend date of this dividend is Friday, May 23rd.

Valeo Stock Performance

Valeo stock opened at $5.36 on Wednesday. The company has a fifty day simple moving average of $4.84 and a 200-day simple moving average of $4.94. The company has a quick ratio of 0.65, a current ratio of 0.84 and a debt-to-equity ratio of 1.13. Valeo has a 52-week low of $3.75 and a 52-week high of $6.65.

Wall Street Analyst Weigh In

A number of analysts have commented on VLEEY shares. Berenberg Bank upgraded shares of Valeo to a “strong-buy” rating in a report on Thursday, May 1st. BNP Paribas upgraded Valeo to a “hold” rating in a research report on Thursday, March 13th. Finally, Dbs Bank downgraded Valeo to a “hold” rating in a research report on Wednesday, May 7th.

About Valeo

Valeo SE designs, produces, and sells products and systems for automakers in France, other European countries, Africa, North America, South America, and Asia. The company operates through four segments: Comfort & Driving Assistance Systems, Powertrain Systems, Thermal Systems, and Visibility Systems.