Nestlé S.A. to Issue Dividend of $3.00 (OTCMKTS:NSRGF)

Nestlé S.A. (OTCMKTS:NSRGF) declared a dividend on Saturday, April 13th, investing.com reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 3.00 per share on Wednesday, April 24th. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend is Monday, April 22nd.

Nestlé Stock Down 2.0 %

Shares of OTCMKTS NSRGF opened at $101.58 on Friday. Nestlé has a 1 year low of $101.47 and a 1 year high of $132.00. The firm’s 50-day moving average is $106.95 and its 200-day moving average is $110.63.

Institutional Trading of Nestlé

An institutional investor recently bought a new position in Nestlé stock. Kennedy Capital Management LLC purchased a new stake in Nestlé S.A. (OTCMKTS:NSRGF) during the second quarter, according to its most recent filing with the SEC. The firm purchased 33,324 shares of the company’s stock, valued at approximately $4,008,000. 27.22% of the stock is currently owned by hedge funds and other institutional investors.

Nestlé Company Profile

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.