Swiss Re AG (OTCMKTS:SSREY) Announces Dividend of $0.98

Swiss Re AG (OTCMKTS:SSREYGet Rating) announced a dividend on Thursday, April 14th, investing.com reports. Investors of record on Wednesday, April 20th will be given a dividend of 0.9802 per share by the financial services provider on Thursday, April 28th. This represents a yield of 4.15%. The ex-dividend date of this dividend is Tuesday, April 19th.

OTCMKTS:SSREY opened at $23.62 on Thursday. The business has a 50 day moving average of $24.01 and a 200 day moving average of $24.13. Swiss Re has a 1-year low of $20.00 and a 1-year high of $27.75. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.27 and a current ratio of 0.27.

A number of analysts recently weighed in on the company. UBS Group boosted their target price on Swiss Re from CHF 84 to CHF 87 in a research report on Friday, January 28th. Credit Suisse Group raised Swiss Re from a “neutral” rating to an “outperform” rating in a research note on Monday, January 24th. The Goldman Sachs Group initiated coverage on Swiss Re in a research note on Thursday, February 10th. They issued a “sell” rating on the stock. Morgan Stanley initiated coverage on Swiss Re in a research note on Tuesday, February 8th. They issued an “underweight” rating on the stock. Finally, Societe Generale raised Swiss Re from a “hold” rating to a “buy” rating in a research note on Thursday, January 20th. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $83.17.

Swiss Re Company Profile (Get Rating)

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 Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.

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