Repsol, S.A. (OTCMKTS:REPYY) Increases Dividend to $0.50 Per Share

Repsol, S.A. (OTCMKTS:REPYY) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Monday, January 13th will be paid a dividend of 0.4951 per share by the energy company on Tuesday, January 21st. The ex-dividend date is Monday, January 13th. This is a positive change from Repsol’s previous dividend of $0.43.

Repsol Trading Up 0.6 %

Shares of REPYY traded up $0.07 during mid-day trading on Friday, hitting $12.31. The company had a trading volume of 274,251 shares, compared to its average volume of 302,576. Repsol has a 1-year low of $11.25 and a 1-year high of $17.61. The business’s 50-day simple moving average is $12.23 and its 200-day simple moving average is $13.37. The stock has a market cap of $14.98 billion, a PE ratio of 6.48 and a beta of 0.74. The company has a quick ratio of 1.04, a current ratio of 1.54 and a debt-to-equity ratio of 0.30.

Repsol (OTCMKTS:REPYY) last issued its earnings results on Thursday, October 31st. The energy company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.15). The firm had revenue of $14.95 billion during the quarter. Repsol had a net margin of 3.74% and a return on equity of 13.09%. Sell-side analysts forecast that Repsol will post 2.78 earnings per share for the current year.

Analyst Ratings Changes

Several equities analysts have recently commented on REPYY shares. Citigroup upgraded Repsol to a “strong-buy” rating in a research note on Wednesday, October 2nd. UBS Group upgraded shares of Repsol to a “hold” rating in a research report on Monday, September 16th. Sanford C. Bernstein cut shares of Repsol from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 13th. Finally, BNP Paribas lowered shares of Repsol from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 9th. Four analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

About Repsol

Repsol, SA operates as a multi-e energy company worldwide. Its Upstream segment engages in the exploration, development, and production of crude oil and natural gas reserves, as well as develops low-carbon geological solutions. The company's Industrial segment is involved in refining activities and petrochemicals business; the trading, transport, and sale of crude oil, natural gas, and fuels; and development of hydrogen, biomethane, sustainable biofuels, and synthetic fuels.