Ipsen S.A. (OTCMKTS:IPSEY) Announces Dividend of $0.29

Ipsen S.A. (OTCMKTS:IPSEY) announced a dividend on Tuesday, June 3rd, investing.com reports. Stockholders of record on Tuesday, June 10th will be given a dividend of 0.2896 per share on Wednesday, June 25th. This represents a dividend yield of 0.97%. The ex-dividend date of this dividend is Monday, June 9th. This is a 23.9% increase from Ipsen’s previous dividend of $0.23.

Ipsen Stock Up 4.0%

IPSEY opened at $30.11 on Tuesday. The business has a 50 day moving average price of $28.39 and a two-hundred day moving average price of $29.15. Ipsen has a 52 week low of $25.11 and a 52 week high of $33.97.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Ipsen in a research note on Wednesday, April 2nd.

Ipsen Company Profile

Ipsen SA operates as a biopharmaceutical company worldwide. The company provides drugs in the areas of oncology, neuroscience, and rare diseases. Its product pipeline comprises Cabometyx + Atezolizumab, which is in phase III clinical trial for the treatment of second line metastatic castration-resistant prostate cancer; lenalidomide and rituximab, and Taverik, which is in phase III for the treatment of second line follicular lymphoma; Bylvay, which is in phase III for the treatment of biliary atresia; Dysport, which is in phase III clinical trial for the treatment of chronic and episodic migraine; Fidrisertib, which is in phase II clinical trial for the treatment of fibrodysplasia ossificans progressiva; Elafibranor, which is in phase II for the treatment of primary sclerosing cholangitis, as well as IPN60250; IPN10200, which is in phase II for the treatment of longer-acting neurotoxin aesthetics and therapeutics; IPN60210, which is in phase I clinical trial for the treatment of relapsed/refractory multiple myeloma; and IPN60260 for the treatment of Viral cholestatic disease and is in phase I clinical trial.