Volkswagen AG (OTCMKTS:VWAGY) Declares Dividend of $0.64

Volkswagen AG (OTCMKTS:VWAGY) declared a dividend on Sunday, May 5th, NASDAQ reports. Stockholders of record on Friday, May 31st will be paid a dividend of 0.6401 per share on Thursday, June 20th. The ex-dividend date of this dividend is Friday, May 31st. This is an increase from Volkswagen’s previous dividend of $0.64.

Volkswagen Trading Up 0.8 %

OTCMKTS:VWAGY traded up $0.12 during trading hours on Friday, reaching $14.28. The company had a trading volume of 278,264 shares, compared to its average volume of 208,581. Volkswagen has a 1-year low of $11.16 and a 1-year high of $17.53. The business’s 50 day moving average price is $15.08 and its 200-day moving average price is $13.85.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on VWAGY shares. Sanford C. Bernstein reaffirmed a “market perform” rating on shares of Volkswagen in a report on Wednesday, April 17th. Redburn Atlantic assumed coverage on shares of Volkswagen in a research report on Wednesday, January 24th. They issued a “sell” rating for the company. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Volkswagen Company Profile

Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.