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Compagnie Générale des Établissements Michelin (MGDDF)

Other OTC - Other OTC Delayed price. Currency in USD
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39.55+0.65 (+1.68%)
At close: 09:30AM EDT
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Trade prices are not sourced from all markets
Previous close38.90
Open39.55
Bid0.00 x 0
Ask0.00 x 0
Day's range39.55 - 39.55
52-week range27.85 - 42.05
Volume434
Avg. volume943
Market cap7.058B
Beta (5Y monthly)N/A
PE ratio (TTM)3.54
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
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  • GuruFocus.com

    Michelin's Dividend Analysis

    Michelin (MGDDY) recently announced a dividend of $0.73 per share, payable on 2024-06-10, with the ex-dividend date set for 2024-05-20. 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 Michelin's dividend performance and assess its sustainability.

  • Reuters

    Michelin's first-quarter sales fall on weak volumes

    Michelin CFO Yves Chapot said that the group's worldwide production capacity for truck tyres would be reduced by 15%, following the planned conversion to passenger tyre manufacturing of its Shenyang site in China and Olsztyn plant in Poland, adding to the shutdown of two German facilities announced late 2023. "Michelin's priority is to support people during these transitions," the group said. The shutdown of truck tyre production in Olsztyn will have no impact on jobs, a Michelin spokesperson told Reuters.