Givaudan SA (OTCMKTS:GVDNY) Raises Dividend to $1.55 Per Share

Givaudan SA (OTCMKTS:GVDNY) declared a dividend on Monday, March 3rd, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 1.5503 per share on Wednesday, April 9th. The ex-dividend date is Tuesday, March 25th. This is an increase from Givaudan’s previous dividend of $0.97.

Givaudan Price Performance

GVDNY traded up $2.28 on Tuesday, reaching $92.77. The company had a trading volume of 13,977 shares, compared to its average volume of 31,887. Givaudan has a fifty-two week low of $83.13 and a fifty-two week high of $110.32. The company’s fifty day moving average is $87.06 and its 200 day moving average is $93.61. The company has a quick ratio of 0.94, a current ratio of 1.43 and a debt-to-equity ratio of 0.99.

Analyst Upgrades and Downgrades

GVDNY has been the topic of a number of research reports. Barclays lowered shares of Givaudan from a “hold” rating to a “strong sell” rating in a research note on Friday, November 15th. Berenberg Bank upgraded shares of Givaudan from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 14th.

About Givaudan

Givaudan SA manufactures, supplies, and sells fragrance, beauty, taste, and wellbeing products to the consumer goods industry. The company operates through divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products.