VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) Plans Annual Dividend of $0.23

VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) announced an annual dividend on Wednesday, February 13th, Zacks reports. Stockholders of record on Friday, April 5th will be paid a dividend of 0.233 per share by the energy company on Monday, April 22nd. This represents a dividend yield of 0.83%. The ex-dividend date of this dividend is Thursday, April 4th.

Shares of VWDRY traded down $0.01 during midday trading on Friday, reaching $30.31. The stock had a trading volume of 55,983 shares, compared to its average volume of 21,813. VESTAS WIND SYS/ADR has a 1-year low of $19.65 and a 1-year high of $30.48. The firm has a market capitalization of $18.71 billion, a price-to-earnings ratio of 22.79 and a beta of 0.49. The company has a current ratio of 1.16, a quick ratio of 0.75 and a debt-to-equity ratio of 0.16.

VESTAS WIND SYS/ADR (OTCMKTS:VWDRY) last posted its earnings results on Thursday, February 7th. The energy company reported $0.42 EPS for the quarter, missing the Zacks’ consensus estimate of $0.52 by ($0.10). The company had revenue of $3.84 billion during the quarter. VESTAS WIND SYS/ADR had a net margin of 6.75% and a return on equity of 22.42%. On average, analysts predict that VESTAS WIND SYS/ADR will post 1.38 earnings per share for the current fiscal year.

Separately, JPMorgan Chase & Co. downgraded shares of VESTAS WIND SYS/ADR from a “neutral” rating to an “underweight” rating in a research report on Thursday, March 21st.

TRADEMARK VIOLATION NOTICE: This story was reported by Baseball Daily News and is the sole property of of Baseball Daily News. If you are viewing this story on another publication, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at https://www.baseballdailydigest.com/news/2019/04/21/vestas-wind-sys-adr-vwdry-to-go-ex-dividend-on-april-4th.html.

VESTAS WIND SYS/ADR Company Profile

Vestas Wind Systems A/S designs, manufactures, installs, and services wind turbines worldwide. The company operates in two segments, Power Solutions and Service. The Power Solutions segment sells wind power plants, wind turbines, etc. The Service segment engages in the sale of service contracts, spare parts, and related activities.

Read More: Special Dividends

Receive News & Ratings for VESTAS WIND SYS/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VESTAS WIND SYS/ADR and related companies with MarketBeat.com's FREE daily email newsletter.