NN Group (OTCMKTS:NNGRY) to Issue $0.67 Dividend

NN Group (OTCMKTS:NNGRYGet Rating) declared a dividend on Thursday, May 19th, investing.com reports. Stockholders of record on Tuesday, May 24th will be paid a dividend of 0.6704 per share on Wednesday, June 29th. This represents a dividend yield of 4.44%. The ex-dividend date of this dividend is Monday, May 23rd.

Shares of OTCMKTS:NNGRY opened at $24.82 on Friday. The company has a fifty day moving average of $24.94 and a 200-day moving average of $26.03. The company has a current ratio of 23.80, a quick ratio of 23.80 and a debt-to-equity ratio of 0.28. NN Group has a 52-week low of $19.58 and a 52-week high of $30.17.

Several brokerages have recently issued reports on NNGRY. Morgan Stanley upgraded shares of NN Group from an “underweight” rating to an “overweight” rating in a report on Tuesday, April 5th. Deutsche Bank Aktiengesellschaft upgraded shares of NN Group from a “hold” rating to a “buy” rating in a report on Wednesday, March 16th. Credit Suisse Group boosted their price objective on shares of NN Group from €52.50 ($54.69) to €56.50 ($58.85) in a research note on Monday, February 21st. Berenberg Bank raised shares of NN Group from a “hold” rating to a “buy” rating in a research note on Thursday, March 10th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of NN Group from €63.00 ($65.63) to €58.00 ($60.42) and set an “overweight” rating on the stock in a research note on Thursday, March 31st. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, NN Group presently has an average rating of “Buy” and an average price target of $51.95.

NN Group Company Profile (Get Rating)

NN Group N.V., a financial services company, primarily provides life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers group and individual life insurance, and pension products; non-life insurance products, including motor, fire, liability, transport, travel, and disability and accident insurance; employee benefits, and health insurance products; corporate-owned life insurance products; and single premium variable annuity individual life insurance products.

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