Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) to Issue Dividend Increase – $0.70 Per Share

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Monday, April 14th will be given a dividend of 0.7044 per share on Thursday, April 24th. The ex-dividend date of this dividend is Monday, April 14th. This is a 65.9% increase from Koninklijke Ahold Delhaize’s previous dividend of $0.42.

Koninklijke Ahold Delhaize Stock Performance

ADRNY opened at €38.37 ($43.60) on Friday. Koninklijke Ahold Delhaize has a 12-month low of €28.34 ($32.20) and a 12-month high of €38.94 ($44.25). The company has a market cap of $35.68 billion, a price-to-earnings ratio of 18.81, a PEG ratio of 1.82 and a beta of 0.53. The company has a current ratio of 0.79, a quick ratio of 0.49 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is €36.55 and its 200 day moving average is €34.82.

Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) last issued its quarterly earnings data on Wednesday, February 12th. The company reported €0.74 ($0.84) earnings per share (EPS) for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. On average, equities research analysts predict that Koninklijke Ahold Delhaize will post 2.84 EPS for the current year.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Koninklijke Ahold Delhaize to a “strong-buy” rating in a research note on Thursday, March 13th.

Koninklijke Ahold Delhaize Company Profile

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.