Swiss Re AG (OTCMKTS:SSREY) Increases Dividend to $1.15 Per Share

Swiss Re AG (OTCMKTS:SSREY) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors of record on Wednesday, April 16th will be paid 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 0.2 %

Shares of SSREY opened at $43.12 on Friday. The firm’s fifty day simple moving average is $39.96 and its two-hundred day simple moving average is $36.71. Swiss Re has a 12 month low of $26.66 and a 12 month high of $43.54.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the company. The Goldman Sachs Group upgraded Swiss Re from a “strong sell” rating to a “hold” rating in a research note on Friday, December 13th. Hsbc Global Res cut Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, Swiss Re currently has a consensus 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.