Movado Group, Inc. Announces Fourth Quarter and Fiscal Year 2016 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 7/5/2026
- Dow jumps to record closing high after soft US jobs data, Nasdaq down with chip shares
- Goldman's Garrett sees investors dialing back tech exposure into H2
- AI chip winners may face tougher road ahead as hyperscalers catch up: JPM
- Oil gains on short-covering buys ahead of US holiday
- Rivian stock jumps 5% on raised delivery outlook
Movado Group (MOV) Raises Quarterly Dividend 18.2% to $0.13: Approves New $50M Stock Buyback
March 31, 2016 7:01 AM EDTMovado Group (NYSE: MOV) declared a quarterly dividend of $0.13 per share, or $0.52 annualized. This is an 18.2% increase from the prior dividend of $0.11.
The dividend will be payable on April 26, 2016, to stockholders of record on April 12, 2016, with an ex-dividend date of April 8, 2016.
The annual yield on the dividend is 1.7 percent.
Movado also announced that its Board of Directors has approved a new share buyback program... More
Movado Group (MOV) Tops Q4 EPS by 1c; Guides FY17 EPS, Revenue Below Expectations
March 31, 2016 6:59 AM EDTMovado Group (NYSE: MOV) reported Q4 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $143.3 million versus the consensus estimate of $140.7 million.
Gross profit was $75.4 million, or 52.6% of sales, compared to $67.4 million, or 50.3% of sales in... More
