Movado Group Raises Quarterly Dividend After Earnings Improvement

Movado Group, Inc. raised its quarterly dividend to $0.40 a share from $0.35, a 14.29% increase, with the stock trading ex-dividend on June 10, 2026.

The new payout implies an annual dividend of $1.60 a share and a forward annual yield of 4.18%, based on the locked share price of $38.29. The increase extends Movado's consecutive dividend growth record to 13 years. SmarterDividends assigns the company a dividend safety score of 70 out of 100, equivalent to a B grade. The company previously cut its dividend in 2011.

Business Context

Movado Group is a consumer cyclical company best known for watches and related accessories. Its brand portfolio includes Movado, Concord, EBEL, Olivia Burton and MVMT, along with licensed brands including Coach, Hugo Boss, Lacoste, Tommy Hilfiger and Calvin Klein, according to a company profile summary on Wikipedia.

The dividend move follows a period of improved operating momentum. Barron's reported in late May that Movado shares rose after the company posted stronger first-quarter adjusted operating earnings and higher constant-currency revenue. The report also said management pointed to strength in online channels and company-owned stores, while the Middle East remained a difficult market.

That mix is relevant for dividend investors because Movado's payout depends on a discretionary retail business that can be sensitive to consumer demand, tourism trends, currency moves and wholesale-channel conditions. A dividend increase can signal board confidence in near-term cash generation, but the company's history also shows that the payout has not been immune to cyclical pressure.

What It Means For Income Investors

For income-focused holders, the increase raises Movado's indicated quarterly cash income while preserving a moderate safety profile under SmarterDividends' scoring system. The 13-year growth streak is notable for a consumer cyclical company, but the prior 2011 cut remains part of the record. Investors tracking the name may want to watch whether recent earnings improvement continues to support the higher annual dividend of $1.60 a share through softer retail cycles.