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MOV - Movado doubles dividend to $0.20 and approves new buyback program
Movado Group Inc.
Movado (MOV) declares $0.20/share quarterly dividend, 100% increase from prior dividend of $0.10.Forward yield 3.72%Payable April 21; for shareholders of record April 7; ex-div April 6.The board approved a new share buyback program to repurchase purchase up to $25M of its outstanding common shares. The authorization expires on September 30, 2022.See MOV Dividend Scorecard, Yield Chart, & Dividend Growth.