Avon Products (NYSE:AVP) declared a quarterly dividend on Thursday, August 1st, Analyst Ratings Network reports. Shareholders of record on Thursday, August 15th will be given a dividend of $0.06 per share on Tuesday, September 3rd. This represents a $0.24 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Tuesday, August 13th.
AVP has been the subject of a number of recent research reports. Analysts at BMO Capital Markets cut their price target on shares of Avon Products to $26.00 in a research note to investors on Friday. On the ratings front, analysts at B. Riley cut their price target on shares of Avon Products from $28.00 to $26.00 in a research note to investors on Friday. They now have a “buy” rating on the stock.
One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $24.08.
Avon Products (NYSE:AVP) last announced its earnings results on Thursday, August 1st. The company reported $0.29 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.26 by $0.03. The company had revenue of $2.50 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same quarter in the prior year, the company posted $0.14 earnings per share. The company’s quarterly revenue was down 2.0% on a year-over-year basis. On average, analysts predict that Avon Products will post $1.12 earnings per share for the current fiscal year.
Avon Products, Inc (NYSE:AVP) is a manufacturer and marketer of beauty and related products.
