ALSTOM/ADR (OTCMKTS:ALSMY) Declares Dividend Increase – $0.47 Per Share

ALSTOM/ADR (OTCMKTS:ALSMY) declared an annual dividend on Wednesday, June 26th, Zacks reports. Stockholders of record on Friday, July 12th will be given a dividend of 0.473 per share by the transportation company on Wednesday, August 7th. This represents a dividend yield of 10.22%. The ex-dividend date of this dividend is Thursday, July 11th. This is an increase from ALSTOM/ADR’s previous annual dividend of $0.03.

Shares of OTCMKTS:ALSMY traded up $0.02 during midday trading on Friday, hitting $4.16. 8,156 shares of the stock were exchanged, compared to its average volume of 81,268. The firm has a 50 day simple moving average of $4.56. ALSTOM/ADR has a twelve month low of $3.80 and a twelve month high of $4.81.

Separately, Bank of America set a $35.00 target price on Conagra Brands and gave the stock a “buy” rating in a report on Friday, June 28th.

About ALSTOM/ADR

Alstom SA develops and markets systems, equipment, and services for the transport sector in Europe, the Americas, Asia and Pacific, the Middle-East, and Africa. The company offers metros, tramways, tram-trains, suburban trains, regional trains, high-speed trains, and passengers and freight locomotives; and signaling products, such as rail control systems, security and control, trackside, and interlocking products.

Further Reading: Diluted Earnings Per Share

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