Iberdrola, S.A. (IBDRY) To Go Ex-Dividend on May 23rd

Iberdrola, S.A. (OTCMKTS:IBDRY) announced a dividend on Tuesday, May 20th, investing.com reports. Shareholders of record on Monday, May 26th will be paid a dividend of 0.0175 per share by the utilities provider on Monday, June 9th. This represents a yield of 1.03%. The ex-dividend date is Friday, May 23rd.

Iberdrola Stock Performance

IBDRY stock opened at $73.30 on Wednesday. The company has a debt-to-equity ratio of 0.67, a current ratio of 0.79 and a quick ratio of 0.69. Iberdrola has a 1 year low of $50.63 and a 1 year high of $73.80. The company has a market cap of $118.02 billion, a P/E ratio of 16.77, a price-to-earnings-growth ratio of 1.79 and a beta of 0.82. The stock’s fifty day moving average price is $67.36 and its 200-day moving average price is $60.21.

Iberdrola (OTCMKTS:IBDRY) last posted its earnings results on Wednesday, April 30th. The utilities provider reported $1.27 earnings per share for the quarter, beating analysts’ consensus estimates of $1.19 by $0.08. The company had revenue of $14.64 billion for the quarter, compared to the consensus estimate of $11.06 billion. Iberdrola had a return on equity of 10.67% and a net margin of 14.67%. On average, equities analysts forecast that Iberdrola will post 3.57 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, Dbs Bank upgraded Iberdrola to a “buy” rating in a research note on Friday, April 25th.

Iberdrola Company Profile

Iberdrola, SA engages in the generation, transmission, distribution, and supply of electricity in Spain, the United Kingdom, the United States, Mexico, Brazil, Germany, France, and Australia. It generates electricity from renewable sources, such as onshore and offshore wind, hydro, photovoltaic, combined cycle gas, and conventional nuclear, as well as through batteries.