Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Declares Dividend of $0.71

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) announced a dividend on Tuesday, March 4th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be paid a dividend of 0.7123 per share on Thursday, April 17th. The ex-dividend date is Friday, March 28th. This is a 13.2% increase from Svenska Handelsbanken AB (publ)’s previous dividend of $0.63.

Svenska Handelsbanken AB (publ) Stock Up 3.7 %

OTCMKTS SVNLY traded up $0.24 on Wednesday, reaching $6.55. The company had a trading volume of 47,327 shares, compared to its average volume of 116,317. The firm has a market capitalization of $25.92 billion, a PE ratio of 10.07, a P/E/G ratio of 1.94 and a beta of 0.83. The firm has a 50-day moving average of $5.62 and a 200-day moving average of $5.26. Svenska Handelsbanken AB has a 1 year low of $4.24 and a 1 year high of $6.57. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 2.08.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last released its quarterly earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. On average, equities research analysts anticipate that Svenska Handelsbanken AB will post 0.54 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.