IRSA Inversiones Y Representaciones S.A. Plans Annual Dividend of $1.42 (NYSE:IRS)

IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) declared an annual dividend on Thursday, November 13th. Investors of record on Monday, November 24th will be given a dividend of 1.4151 per share by the financial services provider on Tuesday, December 2nd. This represents a yield of 884.0%. The ex-dividend date of this dividend is Monday, November 24th.

IRSA Inversiones Y Representaciones has raised its dividend by an average of 0.5%per year over the last three years.

IRSA Inversiones Y Representaciones Price Performance

Shares of IRSA Inversiones Y Representaciones stock traded up $0.23 during trading on Friday, reaching $15.85. 132,080 shares of the company’s stock were exchanged, compared to its average volume of 199,791. The company has a market cap of $1.20 billion, a P/E ratio of 7.72 and a beta of 1.50. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.88 and a current ratio of 2.17. The firm’s 50-day moving average price is $12.92 and its 200 day moving average price is $14.15. IRSA Inversiones Y Representaciones has a 1-year low of $10.61 and a 1-year high of $17.67.

IRSA Inversiones Y Representaciones (NYSE:IRS) last released its quarterly earnings data on Wednesday, November 5th. The financial services provider reported $1.42 earnings per share (EPS) for the quarter. The company had revenue of $97.35 million during the quarter. IRSA Inversiones Y Representaciones had a return on equity of 12.00% and a net margin of 36.40%.

About IRSA Inversiones Y Representaciones

IRSA Inversiones y Representaciones Sociedad Anónima, together with its subsidiaries, engages in the diversified real estate activities in Argentina. It operates through five segments: Shopping Malls, Offices, Hotels, Sales and Developments, and Others. The company is involved in the acquisition, development, and operation of shopping malls, office buildings, and other non-shopping mall properties primarily for rental purposes.