Swiss Life Holding AG (OTCMKTS:SZLMY) Declares $0.83 Dividend

Swiss Life Holding AG (OTCMKTS:SZLMYGet Rating) announced a dividend on Wednesday, April 20th, investing.com reports. Investors of record on Wednesday, April 27th will be given a dividend of 0.8275 per share on Friday, May 13th. This represents a yield of 2.54%. The ex-dividend date of this dividend is Tuesday, April 26th.

Swiss Life stock opened at $32.60 on Wednesday. The firm has a 50 day moving average of $31.44 and a 200 day moving average of $30.17. Swiss Life has a 12-month low of $23.20 and a 12-month high of $34.28.

Several equities research analysts recently issued reports on the stock. Morgan Stanley increased their target price on shares of Swiss Life from CHF 572 to CHF 590 and gave the stock an “equal weight” rating in a report on Wednesday, March 2nd. Citigroup downgraded Swiss Life from a “buy” rating to a “neutral” rating in a research note on Wednesday, January 19th. Finally, Berenberg Bank upped their price target on Swiss Life from CHF 657 to CHF 659 in a research note on Thursday, March 3rd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $624.50.

About Swiss Life (Get Rating)

Swiss Life Holding AG provides life insurance, risk, pensions, and financial solutions for private and corporate clients. It operates through Switzerland, France, Germany, International, and Asset Managers segments. The company offers a range of life, pension, health, annuity, and investment-type policies to groups and individuals, as well as disability coverage.

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