Lenovo Group Limited (LNVGY) To Go Ex-Dividend on August 1st

Lenovo Group Limited (OTCMKTS:LNVGY) declared a dividend on Tuesday, July 2nd, NASDAQ reports. Stockholders of record on Thursday, August 1st will be given a dividend of 0.7484 per share by the technology company on Wednesday, August 21st. The ex-dividend date of this dividend is Thursday, August 1st. This is an increase from Lenovo Group’s previous dividend of $0.19.

Lenovo Group Stock Performance

Shares of LNVGY stock opened at $28.40 on Thursday. The firm’s 50 day moving average is $27.14 and its 200 day moving average is $24.92. The stock has a market capitalization of $17.61 billion, a P/E ratio of 17.70, a PEG ratio of 0.52 and a beta of 0.85. Lenovo Group has a 12 month low of $18.39 and a 12 month high of $31.82. The company has a current ratio of 0.87, a quick ratio of 0.61 and a debt-to-equity ratio of 0.59.

Lenovo Group (OTCMKTS:LNVGY) last posted its earnings results on Thursday, May 23rd. The technology company reported $0.39 earnings per share (EPS) for the quarter. The firm had revenue of $13.83 billion for the quarter. Lenovo Group had a return on equity of 17.35% and a net margin of 1.80%. On average, sell-side analysts anticipate that Lenovo Group will post 2.48 earnings per share for the current year.

Lenovo Group Company Profile

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.