Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) to Issue Dividend Increase – $1.41 Per Share

Jerónimo Martins, SGPS, S.A. (OTCMKTS:JRONY) announced a dividend on Sunday, May 5th, NASDAQ reports. Investors of record on Tuesday, May 14th will be paid a dividend of 1.4103 per share on Thursday, May 30th. The ex-dividend date is Monday, May 13th. This is a boost from Jerónimo Martins, SGPS’s previous dividend of $0.85.

Jerónimo Martins, SGPS Price Performance

Shares of JRONY stock opened at $42.12 on Monday. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.57 and a quick ratio of 0.34. The stock has a 50 day simple moving average of $41.48 and a 200-day simple moving average of $45.67. Jerónimo Martins, SGPS has a 12-month low of $37.56 and a 12-month high of $59.70.

Jerónimo Martins, SGPS (OTCMKTS:JRONY) last announced its quarterly earnings data on Wednesday, March 6th. The company reported $0.69 earnings per share for the quarter. Jerónimo Martins, SGPS had a return on equity of 27.91% and a net margin of 2.47%. The firm had revenue of $8.78 billion for the quarter. Equities research analysts expect that Jerónimo Martins, SGPS will post 2.59 earnings per share for the current year.

Jerónimo Martins, SGPS Company Profile

Jerónimo Martins, SGPS, SA operates in the food distribution and specialized retail sectors in Portugal, Poland, and Colombia. The company operates through Portugal Retail; Portugal Cash & Carry; Poland Retail; Colombia Retail; and Others, Eliminations and Adjustments segments. It operates food stores under the Biedronka name; and a chain of health and beauty stores under the Hebe banner in Poland, as well as food stores under the Ara name in Colombia.