Davide Campari-Milano Announces Dividend of $0.07 (OTCMKTS:DVDCF)

Davide Campari-Milano (OTCMKTS:DVDCF) announced a dividend on Thursday, April 17th, investing.com reports. Stockholders of record on Wednesday, April 23rd will be given a dividend of 0.065 per share on Thursday, April 24th. This represents a dividend yield of 1.18%. The ex-dividend date is Tuesday, April 22nd.

Davide Campari-Milano Price Performance

Shares of OTCMKTS:DVDCF opened at $6.23 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.61 and a quick ratio of 1.06. The company’s fifty day moving average is $6.11 and its two-hundred day moving average is $6.40. Davide Campari-Milano has a 1-year low of $5.34 and a 1-year high of $10.70.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on DVDCF shares. UBS Group lowered shares of Davide Campari-Milano from a “strong-buy” rating to a “hold” rating in a research note on Thursday, March 6th. Berenberg Bank raised Davide Campari-Milano to a “strong-buy” rating in a research note on Wednesday, April 2nd. Finally, Royal Bank of Canada restated an “underperform” rating on shares of Davide Campari-Milano in a research note on Friday, March 7th.

About Davide Campari-Milano

Davide Campari-Milano N.V., together with its subsidiaries, markets and distributes alcoholic and non-alcoholic beverages in the Americas, the Middle East, Africa, Europe, and the Asia-Pacific. It offers a range of spirits categories, including aperitif, vodka, liqueurs, whisky, tequila, rum, Sparkling wine, mezcal, champagne, gin, and cognac, as well as ready to drink and non-alcoholic aperitif under the Aperol, Campari, SKYY, Wild Turkey, Grand Marnier, Jamaican Rums, Espolòn, Sparkling Wine&Vermouth, Crodino, The GlenGrant, Magnum Tonic Wine, Montelobos, Ancho Reyes, Lallier, Forty Creek, X-Rated, and other brands.