Swiss Re AG (OTCMKTS:SSREY – Get Free Report) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders of record on Wednesday, April 16th will be given a dividend of 1.1544 per share by the financial services provider on Thursday, April 24th. The ex-dividend date of this dividend is Wednesday, April 16th. This is a 15.4% increase from Swiss Re’s previous dividend of $1.00.
Swiss Re Stock Up 1.6 %
Shares of OTCMKTS SSREY opened at $43.04 on Monday. The company has a fifty day moving average price of $40.85 and a 200 day moving average price of $37.39. Swiss Re has a 1-year low of $26.66 and a 1-year high of $43.74.
Analyst Ratings Changes
Separately, Hsbc Global Res lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and three have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Swiss Re currently has an average rating of “Buy”.
Swiss Re Company Profile
Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.
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