Movado Group (MOV) Reinstates $0.10 Quarterly Dividend; 2.1% Yield

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Go back to Movado Group (MOV) Reinstates $0.10 Quarterly Dividend; 2.1% Yield

Movado Group, Inc. Reinstates a Dividend

January 11, 2021 5:00 PM EST

~ Board of Directors Approves $0.10 per share Dividend ~

PARAMUS, N.J.--(BUSINESS WIRE)-- Movado Group, Inc. (NYSE: MOV), today announced that its Board of Directors has declared a cash dividend of $0.10 per share. The dividend is payable on February 5, 2021 to shareholders of record on January 21, 2021.

Commenting on the dividend announcement, Efraim Grinberg, Chairman and Chief Executive Officer, stated: We are pleased to announce a cash dividend. Movado Group is committed to building long-term shareholder value and we believe this dividend declaration advances this objective. Since the... More