Companhia Brasileira de Distribuicao (CBD) To Go Ex-Dividend on December 7th

Companhia Brasileira de Distribuicao (NYSE:CBD) announced a special dividend on Monday, December 3rd, Wall Street Journal reports. Stockholders of record on Monday, December 10th will be given a dividend of 0.072 per share on Thursday, December 20th. The ex-dividend date of this dividend is Friday, December 7th.

NYSE:CBD opened at $21.88 on Thursday. Companhia Brasileira de Distribuicao has a 52 week low of $17.91 and a 52 week high of $25.12. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.99 and a current ratio of 1.20. The stock has a market cap of $5.82 billion, a PE ratio of 47.57, a price-to-earnings-growth ratio of 1.08 and a beta of 1.54.

Companhia Brasileira de Distribuicao (NYSE:CBD) last posted its earnings results on Friday, October 26th. The company reported $0.13 EPS for the quarter, missing the Zacks’ consensus estimate of $0.21 by ($0.08). Companhia Brasileira de Distribuicao had a net margin of 2.25% and a return on equity of 4.54%. The business had revenue of $3.11 billion for the quarter, compared to analyst estimates of $3.09 billion. As a group, analysts expect that Companhia Brasileira de Distribuicao will post 1 EPS for the current fiscal year.

A number of research firms have recently commented on CBD. ValuEngine upgraded Companhia Brasileira de Distribuicao from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Zacks Investment Research upgraded Companhia Brasileira de Distribuicao from a “sell” rating to a “strong-buy” rating and set a $23.00 target price on the stock in a research report on Friday, September 21st. Finally, Santander upgraded Companhia Brasileira de Distribuicao from a “hold” rating to a “buy” rating in a research report on Monday, September 10th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Companhia Brasileira de Distribuicao has a consensus rating of “Buy” and an average target price of $23.00.

TRADEMARK VIOLATION NOTICE: “Companhia Brasileira de Distribuicao (CBD) To Go Ex-Dividend on December 7th” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this news story on another domain, it was copied illegally and republished in violation of United States & international copyright legislation. The original version of this news story can be viewed at https://www.dispatchtribunal.com/2018/12/06/companhia-brasileira-de-distribuicao-cbd-to-go-ex-dividend-on-december-7th.html.

Companhia Brasileira de Distribuicao Company Profile

Companhia Brasileira de Distribuição engages in the retail of food, clothing, home appliances, electronics, and other products through its chain of hypermarkets, supermarkets, specialized stores, and department stores in Brazil. The company operates through two segments, Food Retail; and Cash and Carry.

Featured Article: Insider Trading

Dividend History for Companhia Brasileira de Distribuicao (NYSE:CBD)

Receive News & Ratings for Companhia Brasileira de Distribuicao Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Companhia Brasileira de Distribuicao and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply