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

Swiss Re AG (OTCMKTS:SSREY) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders 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 Stock Up 1.6 %

Shares of Swiss Re stock opened at $43.04 on Monday. The company has a 50-day simple moving average of $40.85 and a two-hundred day simple moving average of $37.39. Swiss Re has a 52-week low of $26.66 and a 52-week high of $43.74.

Analyst Upgrades and Downgrades

Separately, Hsbc Global Res lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, the stock 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.