Movado Group, Inc. Announces New $50 Million Share Buyback Program and 18% Increase in Quarterly Dividend
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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) 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
