DSV A/S (OTCMKTS:DSDVY) Raises Dividend to $0.49 Per Share

DSV A/S (OTCMKTS:DSDVY) announced a dividend on Tuesday, February 25th, NASDAQ Dividends reports. Investors of record on Monday, March 24th will be given a dividend of 0.4915 per share on Wednesday, April 9th. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from DSV A/S’s previous dividend of $0.33.

DSV A/S Stock Performance

OTCMKTS:DSDVY traded up $1.24 during mid-day trading on Wednesday, hitting $101.45. 39,900 shares of the company’s stock traded hands, compared to its average volume of 87,289. The company has a current ratio of 1.27, a quick ratio of 1.18 and a debt-to-equity ratio of 0.33. The firm has a 50 day moving average of $103.00 and a two-hundred day moving average of $103.29. The firm has a market capitalization of $48.78 billion, a price-to-earnings ratio of 29.66, a price-to-earnings-growth ratio of 1.28 and a beta of 1.18. DSV A/S has a 12 month low of $70.19 and a 12 month high of $115.75.

DSV A/S (OTCMKTS:DSDVY) last posted its earnings results on Thursday, February 6th. The company reported $0.86 EPS for the quarter, missing the consensus estimate of $0.98 by ($0.12). DSV A/S had a return on equity of 15.61% and a net margin of 6.06%. On average, equities analysts forecast that DSV A/S will post 3.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, BNP Paribas raised DSV A/S to a “strong-buy” rating in a research note on Monday, November 18th.

About DSV A/S

DSV A/S offers transport and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, air freight compliance and carrier, and rail freight services; sea freight, and sea freight compliance and carrier services, as well as freight containers.