Air France-KLM SA (OTCMKTS:AFLYY) Plans $1.56 Dividend

Air France-KLM SA (OTCMKTS:AFLYYGet Rating) declared a dividend on Wednesday, June 22nd, investing.com reports. Stockholders of record on Thursday, June 30th will be given a dividend of 1.5641 per share by the transportation company on Tuesday, June 28th. This represents a dividend yield of 49.65%. The ex-dividend date is Wednesday, June 29th.

OTCMKTS AFLYY opened at $3.15 on Wednesday. Air France-KLM has a fifty-two week low of $2.74 and a fifty-two week high of $5.65. The business has a fifty day moving average of $3.87 and a 200-day moving average of $4.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.90 and a quick ratio of 0.86.

Air France-KLM (OTCMKTS:AFLYYGet Rating) last announced its quarterly earnings data on Thursday, May 5th. The transportation company reported ($1.05) EPS for the quarter, beating analysts’ consensus estimates of ($1.26) by $0.21. The business had revenue of $4.99 billion during the quarter. Sell-side analysts forecast that Air France-KLM will post -1.61 EPS for the current year.

A number of equities research analysts have issued reports on the company. Citigroup boosted their price target on Air France-KLM from €4.20 ($4.42) to €4.40 ($4.63) in a research report on Tuesday, April 26th. UBS Group lowered their price target on Air France-KLM from €2.10 ($2.21) to €1.90 ($2.00) and set a “neutral” rating for the company in a research report on Tuesday, June 7th. Morgan Stanley lowered their price target on Air France-KLM from €2.02 ($2.13) to €1.70 ($1.79) in a research report on Tuesday, May 31st. Berenberg Bank decreased their target price on Air France-KLM from €3.10 ($3.26) to €1.10 ($1.16) and set a “sell” rating for the company in a research report on Tuesday, June 7th. Finally, Barclays decreased their target price on Air France-KLM from €4.60 ($4.84) to €4.00 ($4.21) and set an “equal weight” rating for the company in a research report on Friday, April 22nd. Three equities research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Based on data from MarketBeat.com, Air France-KLM currently has an average rating of “Hold” and a consensus target price of $2.93.

About Air France-KLM (Get Rating)

Air France-KLM SA, together with its subsidiaries, provides passenger and cargo transportation services on scheduled flights in Metropolitan France, Benelux, rest of Europe, and internationally. The company operates through Network, Maintenance, Transavia, and Other segments. It also offers airframe and engine maintenance services; component support services comprising electronic, mechanical, pneumatic, hydraulic, etc.; and other services, as well as operates point-to-point flights to/from the Netherlands and France.

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