Saab AB (OTCMKTS:SAABY – Get Free Report)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $21.13 and last traded at $20.87, with a volume of 193556 shares. The stock had previously closed at $19.52.
Wall Street Analyst Weigh In
Separately, UBS Group upgraded Saab from a “hold” rating to a “strong-buy” rating in a report on Monday, March 24th.
Check Out Our Latest Research Report on SAABY
Saab Stock Down 11.4 %
Saab Dividend Announcement
The company also recently disclosed a dividend, which will be paid on Friday, May 2nd. Stockholders of record on Monday, April 14th will be paid a $0.0493 dividend. The ex-dividend date is Monday, April 14th. Saab’s dividend payout ratio is currently 27.27%.
About Saab
Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.
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