Carlsberg A/S (OTCMKTS:CABGY) Declares Dividend Increase – $0.76 Per Share

Carlsberg A/S (OTCMKTS:CABGYGet Free Report) announced a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Stockholders of record on Wednesday, March 19th will be paid a dividend of 0.7593 per share on Thursday, March 27th. The ex-dividend date is Wednesday, March 19th. This is a 44.5% increase from Carlsberg A/S’s previous dividend of $0.53.

Carlsberg A/S Trading Down 0.5 %

Shares of OTCMKTS:CABGY opened at $25.95 on Friday. Carlsberg A/S has a 12-month low of $18.21 and a 12-month high of $29.59. The business has a 50 day moving average of $21.65 and a 200-day moving average of $21.86. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.46 and a current ratio of 0.57.

Analysts Set New Price Targets

Several brokerages recently issued reports on CABGY. Barclays cut Carlsberg A/S from a “hold” rating to a “strong sell” rating in a research note on Thursday, November 14th. BNP Paribas downgraded shares of Carlsberg A/S from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 4th.

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Carlsberg A/S Company Profile

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Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.

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Dividend History for Carlsberg A/S (OTCMKTS:CABGY)

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