Hugo Boss AG (OTCMKTS:BOSSY) to Issue Dividend of $0.10

Hugo Boss AG (OTCMKTS:BOSSYGet Rating) announced a dividend on Friday, May 20th, investing.com reports. Shareholders of record on Thursday, May 26th will be given a dividend of 0.0959 per share on Tuesday, June 7th. This represents a dividend yield of 0.93%. The ex-dividend date of this dividend is Wednesday, May 25th. This is an increase from Hugo Boss’s previous dividend of $0.009465.

Shares of BOSSY opened at $10.35 on Friday. Hugo Boss has a 1 year low of $9.20 and a 1 year high of $13.57. The company’s 50 day simple moving average is $10.95 and its 200 day simple moving average is $11.71.

Hugo Boss (OTCMKTS:BOSSYGet Rating) last issued its quarterly earnings results on Wednesday, March 9th. The company reported $0.23 earnings per share for the quarter. Hugo Boss had a return on equity of 19.50% and a net margin of 5.62%. The company had revenue of $1.04 billion during the quarter. On average, equities analysts predict that Hugo Boss will post 0.5 EPS for the current year.

A number of analysts have issued reports on BOSSY shares. Societe Generale raised Hugo Boss from a “sell” rating to a “hold” rating in a research note on Friday, March 11th. Morgan Stanley lowered their target price on shares of Hugo Boss from €65.00 ($67.71) to €59.00 ($61.46) and set an “overweight” rating for the company in a report on Friday, March 11th. Deutsche Bank Aktiengesellschaft cut their price target on shares of Hugo Boss from €67.00 ($69.79) to €60.00 ($62.50) and set a “buy” rating on the stock in a research note on Wednesday, March 16th. Zacks Investment Research raised Hugo Boss from a “sell” rating to a “hold” rating in a research report on Monday. Finally, JPMorgan Chase & Co. reduced their target price on Hugo Boss from €70.00 ($72.92) to €64.00 ($66.67) and set a “neutral” rating on the stock in a report on Tuesday, April 5th. Three research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $51.80.

Hugo Boss Company Profile (Get Rating)

Hugo Boss AG, together with its subsidiaries, develops, markets, and distributes clothes, shoes, and accessories for men and women worldwide. It offers business, casual, athleisure, and evening wear; shoes and accessories; and licensed products, including fragrances, eyewear, and watches, as well as children's fashion products.

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