Mercedes-Benz Group (MBGAF) Expected to Announce Quarterly Earnings on Wednesday

Mercedes-Benz Group (OTCMKTS:MBGAF) is expected to issue its quarterly earnings data before the market opens on Wednesday, July 30th. Analysts expect the company to announce earnings of $2.08 per share and revenue of $39.60 billion for the quarter.

Mercedes-Benz Group Price Performance

Shares of OTCMKTS MBGAF opened at $65.18 on Monday. The company has a 50 day simple moving average of $59.25 and a 200 day simple moving average of $59.95. The firm has a market cap of $69.73 billion, a PE ratio of 4.92 and a beta of 1.26. Mercedes-Benz Group has a 1 year low of $51.00 and a 1 year high of $70.34.

Mercedes-Benz Group Increases Dividend

The company also recently announced a dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 12th were given a dividend of $4.30 per share. This represents a yield of 8.07%. The ex-dividend date of this dividend was Friday, May 9th. This is an increase from Mercedes-Benz Group’s previous dividend of $1.63.

About Mercedes-Benz Group

Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.