L’Oréal S.A. (LRLCY) To Go Ex-Dividend on April 24th

L’Oréal S.A. (OTCMKTS:LRLCY) announced a dividend on Monday, March 25th, NASDAQ reports. Investors of record on Thursday, April 25th will be given a dividend of 1.4219 per share on Tuesday, May 21st. The ex-dividend date is Wednesday, April 24th. This is a boost from L’Oréal’s previous dividend of $1.03.

L’Oréal Stock Up 0.9 %

Shares of OTCMKTS LRLCY opened at $94.90 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.79 and a current ratio of 1.10. L’Oréal has a 12 month low of $77.11 and a 12 month high of $100.28. The firm has a fifty day simple moving average of $94.30 and a two-hundred day simple moving average of $92.82.

Analyst Upgrades and Downgrades

Separately, Berenberg Bank raised shares of L’Oréal from a “hold” rating to a “buy” rating in a research report on Tuesday, February 27th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

L’Oréal Company Profile

L'Oréal SA, through its subsidiaries, manufactures and sells cosmetic products for women and men worldwide. The company operates through four divisions: Consumer Products, L'oréal Luxe, Professional Products, and Dermatological Beauty. It offers skincare, make-up, hair colourants, haircare, perfumes, and hygiene products.