Koninklijke Ahold Delhaize (OTCMKTS:ADRNY) Raises Dividend to $0.70 Per Share

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Free Report) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Monday, April 14th will be paid a dividend of 0.7044 per share on Thursday, April 24th. The ex-dividend date of this dividend is Monday, April 14th. This is a 65.9% increase from Koninklijke Ahold Delhaize’s previous dividend of $0.42.

Koninklijke Ahold Delhaize Stock Performance

Shares of OTCMKTS:ADRNY traded down €0.15 ($0.16) during trading hours on Wednesday, hitting €36.73 ($39.49). The stock had a trading volume of 53,452 shares, compared to its average volume of 148,239. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.49 and a current ratio of 0.79. The stock’s fifty day simple moving average is €35.98 and its 200 day simple moving average is €34.53. The firm has a market capitalization of $34.16 billion, a price-to-earnings ratio of 18.00, a PEG ratio of 1.82 and a beta of 0.52. Koninklijke Ahold Delhaize has a 1-year low of €28.34 ($30.47) and a 1-year high of €37.67 ($40.51).

Koninklijke Ahold Delhaize (OTCMKTS:ADRNYGet Free Report) last released its quarterly earnings results on Wednesday, February 12th. The company reported €0.74 ($0.80) EPS for the quarter. Koninklijke Ahold Delhaize had a net margin of 1.97% and a return on equity of 15.81%. Sell-side analysts anticipate that Koninklijke Ahold Delhaize will post 2.84 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Koninklijke Ahold Delhaize to a “strong-buy” rating in a research note on Thursday, March 13th.

Check Out Our Latest Research Report on Koninklijke Ahold Delhaize

Koninklijke Ahold Delhaize Company Profile

(Get Free Report)

Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce in the United States, Europe, and internationally. The company's stores offer produce, dairy, meat, deli, bakery, seafood, and frozen products; grocery, beer, and wine; floral, pet food, health and beauty care, kitchen and cookware, gardening tools, general merchandise articles, electronics, newspapers and magazines, tobacco, etc.; gasoline; and pharmacy products.

Further Reading

Dividend History for Koninklijke Ahold Delhaize (OTCMKTS:ADRNY)

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