Movado Group Inc

NYSE MOV

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Movado Group Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending April 30, 2024: 268.87%

Movado Group Inc Dividend Payout Ratio is 268.87% for the Trailing 12 Months (TTM) ending April 30, 2024, a 155.39% change year over year. The dividend payout ratio measures the percentage of a company's net income that is distributed as dividends to shareholders. It is calculated by dividing dividends paid by net income. This ratio provides insights into the portion of earnings that is returned to shareholders in the form of dividends. A higher ratio indicates a larger proportion of earnings being paid out as dividends.

Movado Group Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending April 30, 2023 was 105.28%, a 321.67% change year over year.
Movado Group Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending April 30, 2022 was 24.97%, a 115.33% change year over year.
Movado Group Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending April 30, 2021 was 11.59%, a -74.74% change year over year.
Movado Group Inc Dividend Payout Ratio for the Trailing 12 Months (TTM) ending April 30, 2020 was 45.90%, a -13.07% change year over year.

NYSE: MOV

Movado Group Inc

CEO	Mr. Efraim Grinberg
IPO Date	Sept. 30, 1993
Location	United States
Headquarters	650 From Road, Paramus, NJ, United States, 07652-3556
Employees	1,089
Sector	Consumer Cyclical
Industry	Luxury goods

Description

Movado Group, Inc. designs, sources, markets, and distributes watches in the United States and internationally. The company operates in two segments, Watch and Accessory Brands, and Company Stores. The company offers its watches under the Movado, Concord, Ebel, Olivia Burton, and MVMT brands, as well as licensed brands comprising Coach, Tommy Hilfiger, HUGO BOSS, Lacoste, and Calvin Klein. It also designs, sources, markets, and distributes jewelry and other accessories; and provides after-sales and shipping services. The company's customers include jewelry store chains, department stores, independent regional jewelers, network of independent distributors, online marketplaces, licensors' retail stores, and third-party e-commerce retailers. It sells directly to consumers through its e-commerce platforms. The company was formerly known as North American Watch Corporation and changed its name to Movado Group, Inc. in 1996. Movado Group, Inc. was founded in 1961 and is headquartered in Paramus, New Jersey.

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