Raiffeisen Bank International (OTCMKTS:RAIFY) Sets New 12-Month High – Here’s What Happened

Shares of Raiffeisen Bank International AG (OTCMKTS:RAIFY) hit a new 52-week high during trading on Monday . The company traded as high as $7.25 and last traded at $6.94, with a volume of 3718 shares trading hands. The stock had previously closed at $6.73.

Wall Street Analysts Forecast Growth

Separately, Barclays upgraded shares of Raiffeisen Bank International to a “strong-buy” rating in a report on Monday, February 10th.

Raiffeisen Bank International Price Performance

The company has a market cap of $9.28 billion, a PE ratio of 3.79 and a beta of 1.49. The company has a 50-day moving average price of $6.28 and a two-hundred day moving average price of $5.34.

Raiffeisen Bank International Increases Dividend

The business also recently declared a dividend, which will be paid on Thursday, April 17th. Shareholders of record on Tuesday, April 1st will be issued a $0.2983 dividend. The ex-dividend date is Tuesday, April 1st. This is a boost from Raiffeisen Bank International’s previous dividend of $0.22. Raiffeisen Bank International’s dividend payout ratio is currently 9.14%.

About Raiffeisen Bank International

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.