Carlsberg A/S (OTCMKTS:CABGY) Increases Dividend to $0.76 Per Share

Carlsberg A/S (OTCMKTS:CABGY - Get Free Report) declared a dividend on Wednesday, March 5th, NASDAQ Dividends reports. Shareholders of record on Wednesday, March 19th will be given a dividend of 0.7593 per share on Thursday, March 27th. The ex-dividend date of this dividend is Wednesday, March 19th. This is a 44.5% increase from Carlsberg A/S's previous dividend of $0.53.

Carlsberg A/S Trading Up 1.2 %

Shares of CABGY traded up $0.31 during midday trading on Monday, reaching $26.26. 229,712 shares of the stock were exchanged, compared to its average volume of 251,766. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 0.89. Carlsberg A/S has a twelve month low of $18.21 and a twelve month high of $29.59. The stock's 50 day simple moving average is $21.79 and its 200 day simple moving average is $21.88.

Analyst Upgrades and Downgrades

CABGY has been the topic of a number of analyst reports. BNP Paribas lowered shares of Carlsberg A/S from a "strong-buy" rating to a "hold" rating in a report on Wednesday, December 4th. Barclays lowered shares of Carlsberg A/S from a "hold" rating to a "strong sell" rating in a report on Thursday, November 14th.

About Carlsberg A/S

Carlsberg A/S produces and sells beer and other beverage products in Denmark, China, the United Kingdom, and internationally. The company offers core, craft, and specialty beers; soft drinks; and alcohol-free brews under various brands. The company was founded in 1847 and is headquartered in Copenhagen, Denmark.