Swiss Life (OTCMKTS:SZLMY) Share Price Crosses Below Fifty Day Moving Average of $31.39

Shares of Swiss Life Holding AG (OTCMKTS:SZLMY – Get Rating) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $31.39 and traded as low as $29.27. Swiss Life shares last traded at $29.27, with a volume of 1,339 shares.

Analyst Upgrades and Downgrades

Separately, Barclays assumed coverage on Swiss Life in a report on Tuesday, February 21st. They set an “overweight” rating for the company.

Swiss Life Price Performance

The firm has a fifty day moving average of $31.39 and a 200-day moving average of $28.94.

Swiss Life Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, May 22nd. Investors of record on Thursday, May 4th will be issued a $0.9884 dividend. This is an increase from Swiss Life’s previous dividend of $0.83. This represents a yield of 2.99%. The ex-dividend date of this dividend is Wednesday, May 3rd. Swiss Life’s dividend payout ratio is currently 20.87%.

Swiss Life Company Profile

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Swiss Life Holding AG engages in the provision of life insurances, pensions, and financial solutions. It operates through the following segments: Switzerland, Germany, France, International, and Asset Managers. The Switzerland, France and Germany segments provide life insurance operations and distribution units.