Sunrise Communications AG (NASDAQ:SNRE) to Issue $3.73 — Dividend

Sunrise Communications AG (NASDAQ:SNRE) declared a — dividend on Thursday, March 13th, Wall Street Journal reports. Investors of record on Friday, May 16th will be paid a dividend of 3.7252 per share on Tuesday, May 27th. The ex-dividend date of this dividend is Thursday, May 15th.

Sunrise Communications Stock Up 0.2 %

Shares of SNRE opened at $45.36 on Friday. Sunrise Communications has a one year low of $42.51 and a one year high of $50.63. The company has a 50-day simple moving average of $46.89.

Wall Street Analyst Weigh In

A number of research analysts have commented on SNRE shares. Redburn Atlantic started coverage on Sunrise Communications in a report on Wednesday, January 22nd. They set a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft initiated coverage on Sunrise Communications in a report on Thursday, November 21st. They set a “buy” rating on the stock. Barclays initiated coverage on Sunrise Communications in a report on Monday, November 18th. They issued an “underweight” rating on the stock. The Goldman Sachs Group raised Sunrise Communications to a “strong sell” rating in a report on Monday, December 9th. Finally, UBS Group initiated coverage on Sunrise Communications in a report on Monday, November 18th. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Sunrise Communications presently has an average rating of “Hold”.

About Sunrise Communications

Sunrise Communications AG engages in the provision of telecommunications solutions. The firm offers mobile, broadband, TV, and fixed-line telephony services to residential customers. It also provides mobile and broadband services, as well as a range of value-added portfolio services, including cloud services, cybersecurity, and automation to business customers.