For investors in Swiss watch brands, new data shows long-running price declines will continue.
(Bloomberg) -- Swatch Group AG’s shares fell the most in four years after sales and profit plunged amid a China-led slowdown for Swiss watchmakers and other luxury companies.Most Read from BloombergTrump Shooting Changes Biden’s Plan to Revive 2024 CampaignBlackRock Says Gunman From Trump Rally Appeared in Firm’s AdTrump Emerges Defiant From Rally Attack Set to Shake Up ’24 RaceBold and Bloodied Trump Seizes the Moment After Being ShotGlobal Markets Ramp Up the ‘Trump Trade’ After Rally AttackTh
The Swatch Group AG (SWGAY) recently announced a dividend of $0.36 per share, payable on 2024-05-30, with the ex-dividend date set for 2024-05-13. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into The Swatch Group AG's dividend performance and assess its sustainability.