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

Swiss Re AG (OTCMKTS:SSREY) announced a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Investors 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 %

OTCMKTS SSREY opened at $43.02 on Thursday. The company’s fifty day moving average price is $39.84 and its two-hundred day moving average price is $36.66. Swiss Re has a 12 month low of $26.66 and a 12 month high of $43.54.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Hsbc Global Res lowered Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. The Goldman Sachs Group upgraded Swiss Re from a “strong sell” rating to a “hold” rating in a report on Friday, December 13th. Three equities research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company’s stock. According to data from MarketBeat, Swiss Re currently has a consensus rating of “Buy”.

Swiss Re Company Profile

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.