Svenska Handelsbanken AB (publ) (SVNLY) to Issue Dividend of $0.71 on April 17th

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) announced a dividend on Tuesday, March 4th, NASDAQ Dividends reports. Stockholders of record on Friday, March 28th will be paid a dividend of 0.7123 per share on Thursday, April 17th. The ex-dividend date of this dividend 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 Performance

OTCMKTS:SVNLY opened at $6.63 on Wednesday. The firm has a market capitalization of $26.26 billion, a price-to-earnings ratio of 10.20, a PEG ratio of 1.94 and a beta of 0.87. Svenska Handelsbanken AB has a 1-year low of $4.24 and a 1-year high of $6.67. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.17 and a quick ratio of 2.08. The company’s 50-day moving average is $6.03 and its two-hundred day moving average is $5.42.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last posted its earnings results on Wednesday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a return on equity of 13.62% and a net margin of 14.89%. Analysts forecast that Svenska Handelsbanken AB will post 0.54 EPS for the current year.

About Svenska Handelsbanken AB (publ)

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.