Schneider Electric S.E. (OTCMKTS:SBGSY) to Issue $0.67 Dividend

Schneider Electric S.E. (OTCMKTS:SBGSY) announced a dividend on Saturday, May 10th, investing.com reports. Stockholders of record on Thursday, May 15th will be paid a dividend of 0.6749 per share by the industrial products company on Wednesday, June 4th. This represents a dividend yield of 1.39%. The ex-dividend date is Wednesday, May 14th.

Schneider Electric S.E. Stock Performance

Shares of OTCMKTS SBGSY opened at $48.55 on Friday. Schneider Electric S.E. has a 12-month low of $39.77 and a 12-month high of $56.98. The firm’s 50-day simple moving average is $47.34 and its 200 day simple moving average is $49.76. The company has a current ratio of 1.21, a quick ratio of 0.91 and a debt-to-equity ratio of 0.40.

Analyst Upgrades and Downgrades

SBGSY has been the topic of a number of research reports. Citigroup upgraded shares of Schneider Electric S.E. from a “hold” rating to a “strong-buy” rating in a research report on Thursday, April 17th. Royal Bank of Canada raised Schneider Electric S.E. from a “strong sell” rating to a “moderate buy” rating in a report on Wednesday, March 19th. Finally, The Goldman Sachs Group raised Schneider Electric S.E. to a “strong-buy” rating in a research note on Thursday, March 13th.

Schneider Electric S.E. Company Profile

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.