Swiss Re AG (OTCMKTS:SSREY) to Issue Dividend of $1.15

Swiss Re AG (OTCMKTS:SSREY) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors 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 Price Performance

Swiss Re stock opened at $43.02 on Thursday. Swiss Re has a fifty-two week low of $26.66 and a fifty-two week high of $43.54. The stock has a fifty day moving average of $39.84 and a two-hundred day moving average of $36.66.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on SSREY. Hsbc Global Res downgraded shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. The Goldman Sachs Group raised shares of Swiss Re from a “strong sell” rating to a “hold” rating in a research report on Friday, December 13th. Three analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

About Swiss Re

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.