H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY) Declares Dividend Increase - $0.06 Per Share

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) declared a dividend on Friday, October 18th, NASDAQ reports. Investors of record on Friday, November 8th will be paid a dividend of 0.0625 per share on Wednesday, November 27th. The ex-dividend date is Friday, November 8th. This is an increase from H & M Hennes & Mauritz AB (publ)'s previous dividend of $0.06.

H & M Hennes & Mauritz AB (publ) Stock Down 0.8 %

Shares of OTCMKTS HNNMY traded down $0.03 on Friday, reaching $3.28. 5,802 shares of the company's stock traded hands, compared to its average volume of 37,848. The business's 50 day simple moving average is $3.20 and its two-hundred day simple moving average is $3.22. H & M Hennes & Mauritz AB has a 12 month low of $2.52 and a 12 month high of $3.69. The company has a market cap of $23.22 billion, a price-to-earnings ratio of 25.23 and a beta of 1.44. The company has a quick ratio of 0.55, a current ratio of 1.11 and a debt-to-equity ratio of 1.07.

H & M Hennes & Mauritz AB (publ) (OTCMKTS:HNNMY - Get Free Report) last announced its quarterly earnings data on Thursday, September 26th. The company reported $0.03 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.01). H & M Hennes & Mauritz AB (publ) had a net margin of 4.30% and a return on equity of 23.03%. The company had revenue of $5.61 billion for the quarter, compared to analysts' expectations of $5.84 billion. As a group, equities research analysts forecast that H & M Hennes & Mauritz AB will post 0.15 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on HNNMY. Barclays raised shares of H & M Hennes & Mauritz AB (publ) to a "strong-buy" rating in a research report on Friday, September 27th. HSBC raised shares of H & M Hennes & Mauritz AB (publ) from a "hold" rating to a "buy" rating in a research report on Friday, July 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded H & M Hennes & Mauritz AB (publ) from a "sell" rating to a "buy" rating in a research note on Wednesday, July 3rd.

H & M Hennes & Mauritz AB (publ) Company Profile

H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, beauty products, activewear, jeans, and ready-to-wear; and interior products, including bed linens, dinnerware, textiles, furniture, and lighting.