Danske Bank A/S (OTCMKTS:DNKEY) Plans Dividend Increase – $0.76 Per Share

Danske Bank A/S (OTCMKTS:DNKEY) declared a dividend on Thursday, March 13th, NASDAQ Dividends reports. Shareholders of record on Monday, March 24th will be paid a dividend of 0.7642 per share by the financial services provider on Tuesday, April 1st. The ex-dividend date of this dividend is Monday, March 24th. This is a 66.0% increase from Danske Bank A/S’s previous dividend of $0.46.

Danske Bank A/S Trading Up 0.3 %

Shares of DNKEY opened at $17.91 on Friday. The stock has a fifty day moving average price of $16.25 and a two-hundred day moving average price of $15.23. The company has a debt-to-equity ratio of 7.47, a quick ratio of 1.79 and a current ratio of 1.79. Danske Bank A/S has a 52-week low of $13.50 and a 52-week high of $18.20. The company has a market cap of $30.40 billion, a price-to-earnings ratio of 8.96 and a beta of 0.88.

Danske Bank A/S (OTCMKTS:DNKEY) last issued its quarterly earnings data on Friday, February 7th. The financial services provider reported $0.51 earnings per share (EPS) for the quarter. Danske Bank A/S had a return on equity of 13.35% and a net margin of 41.90%. Analysts predict that Danske Bank A/S will post 1.84 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Morgan Stanley reissued an “overweight” rating on shares of Danske Bank A/S in a research note on Friday, March 7th.

About Danske Bank A/S

Danske Bank A/S provides various banking products and services to corporate, institutional, and international clients. The company offers insurance and pension products, mortgage finance and real-estate brokerage services, asset management and trading services in fixed income products, foreign exchange services, and equities.