Banca Mediolanum S.p.A. (OTCMKTS:BNCDY – Get Free Report) declared a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Thursday, April 24th will be paid a dividend of 0.9791 per share on Thursday, May 8th. This represents a dividend yield of 6.34%. The ex-dividend date is Wednesday, April 23rd. This is a 24.6% increase from Banca Mediolanum’s previous dividend of $0.79.
Banca Mediolanum Price Performance
Shares of Banca Mediolanum stock opened at $22.96 on Monday. Banca Mediolanum has a twelve month low of $16.74 and a twelve month high of $23.74. The company’s fifty day moving average is $23.27 and its 200 day moving average is $23.46.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Banca Mediolanum in a research report on Wednesday, March 26th.
Banca Mediolanum Company Profile
Banca Mediolanum S.p.A. provides various banking products and services in Italy. The company offers current accounts; deposits; and mortgages and loans. It also provides debit, credit, and prepaid cards; investment products, such as mutual funds, unit linked policies, investment strategies, other investments, trading, and retirement products; and life insurance products and services.
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