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Movado Group Inc. (MOV) Ex-Dividend Date Scheduled for September 04, 2013
By: NASDAQ.com News
Movado Group Inc. ( MOV ) will begin trading ex-dividend on September 04, 2013. A cash dividend payment of $0.08 per share is scheduled to be paid on September 20, 2013. Shareholders who purchased MOV stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 60% increase over the prior quarter. At the current stock price of $42.61, the dividend yield is .75%.
The previous trading day's last sale of MOV was $42.61, representing a -3.12% decrease from the 52 week high of $43.98 and a 50.83% increase over the 52 week low of $28.25.
MOV is a part of the Consumer Non-Durables sector, which includes companies such as Tiffany & Co. ( TIF ) and Fossil Group, Inc. ( FOSL ). MOV's current earnings per share, an indicator of a company's profitability, is $2.45. Zacks Investment Research reports MOV's forecasted earnings growth in 2014 as 15.85%, compared to an industry average of 12.1%.