Repsol, S.A. (OTCMKTS:REPYY) Raises Dividend to $0.50 Per Share

Repsol, S.A. (OTCMKTS:REPYY) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Monday, January 13th will be paid a dividend of 0.4951 per share by the energy company on Tuesday, January 21st. The ex-dividend date of this dividend is Monday, January 13th. This is a positive change from Repsol’s previous dividend of $0.43.

Repsol Price Performance

Shares of OTCMKTS:REPYY opened at $12.55 on Friday. The company’s fifty day moving average price is $12.18 and its 200-day moving average price is $13.23. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.54 and a quick ratio of 1.04. The firm has a market capitalization of $15.27 billion, a price-to-earnings ratio of 6.61 and a beta of 0.75. Repsol has a one year low of $11.25 and a one year high of $17.61.

Repsol (OTCMKTS:REPYY) last released its earnings results on Thursday, October 31st. The energy company reported $0.48 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). Repsol had a net margin of 3.74% and a return on equity of 13.09%. The firm had revenue of $14.95 billion during the quarter. On average, equities research analysts anticipate that Repsol will post 2.78 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently weighed in on the company. BNP Paribas downgraded Repsol from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Sanford C. Bernstein lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a report on Wednesday, November 13th. Citigroup raised shares of Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. Finally, UBS Group upgraded shares of Repsol from a “hold” rating to a “strong-buy” rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.