Storebrand ASA (OTCMKTS:SREDY) to Issue Dividend Increase – $0.60 Per Share

Storebrand ASA (OTCMKTS:SREDY) announced a dividend on Tuesday, March 25th, NASDAQ Dividends reports. Investors of record on Friday, April 11th will be paid a dividend of 0.5988 per share on Friday, May 9th. The ex-dividend date of this dividend is Friday, April 11th. This is a 14.2% increase from Storebrand ASA’s previous dividend of $0.52.

Storebrand ASA Stock Performance

OTCMKTS SREDY remained flat at $21.70 during trading hours on Tuesday. The stock’s fifty day simple moving average is $21.70 and its 200 day simple moving average is $21.70. Storebrand ASA has a fifty-two week low of $19.13 and a fifty-two week high of $21.70.

About Storebrand ASA

Storebrand ASA provides insurance products and services in Norway, the United States, Japan, and Sweden. It operates through four segments: Savings, Insurance, Guaranteed Pension, and Other. The Savings segment offers retirement savings, defined contribution pensions, asset management, and retail banking products.