Saab AB (OTCMKTS:SAABY) to Issue Dividend of $0.05

Saab AB (OTCMKTS:SAABYGet Free Report) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Stockholders of record on Monday, April 14th will be given a dividend of 0.0493 per share on Friday, May 2nd. The ex-dividend date is Monday, April 14th.

Saab Stock Performance

OTCMKTS:SAABY opened at $19.98 on Wednesday. The firm’s fifty day moving average is $14.06. Saab has a fifty-two week low of $9.68 and a fifty-two week high of $20.65.

Wall Street Analyst Weigh In

Separately, UBS Group upgraded shares of Saab from a “hold” rating to a “strong-buy” rating in a report on Monday.

Get Our Latest Stock Analysis on SAABY

About Saab

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Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.

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