Swiss Re AG (OTCMKTS:SSREY) Increases Dividend to $1.15 Per Share

Swiss Re AG (OTCMKTS:SSREY) declared a dividend on Wednesday, March 26th, NASDAQ Dividends reports. Stockholders 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 of this dividend is Wednesday, April 16th. This is a 15.4% increase from Swiss Re’s previous dividend of $1.00.

Swiss Re Stock Performance

SSREY stock traded down $0.15 during trading on Wednesday, hitting $43.02. 15,893 shares of the stock traded hands, compared to its average volume of 18,328. Swiss Re has a 1 year low of $26.66 and a 1 year high of $43.54. The firm’s 50 day moving average is $39.72 and its two-hundred day moving average is $36.62.

Analyst Ratings Changes

A number of analysts have commented 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 shares of Swiss Re from a “strong sell” rating to a “hold” rating in a report on Friday, December 13th. Three investment analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average 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.