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

Swiss Re AG (OTCMKTS:SSREY) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Shareholders 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 is Wednesday, April 16th. This is a 15.4% increase from Swiss Re’s previous dividend of $1.00.

Swiss Re Trading Down 0.3 %

Shares of SSREY stock traded down $0.15 during trading hours on Wednesday, hitting $43.02. The stock had a trading volume of 15,893 shares, compared to its average volume of 18,328. The stock’s 50-day moving average price is $39.72 and its two-hundred day moving average price is $36.62. Swiss Re has a one year low of $26.66 and a one year high of $43.54.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Hsbc Global Res lowered 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 upgraded shares of Swiss Re from a “strong sell” rating to a “hold” rating in a report on Friday, December 13th. Three investment 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, the stock 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.