Intesa Sanpaolo SpA (OTCMKTS:ISNPY) Declares Dividend of $0.93

Intesa Sanpaolo SpA (OTCMKTS:ISNPY) declared a dividend on Wednesday, November 26th, investing.com reports. Stockholders of record on Tuesday, December 2nd will be given a dividend of 0.9325 per share by the financial services provider on Monday, December 8th. This represents a dividend yield of 445.0%. The ex-dividend date of this dividend is Monday, December 1st.

Intesa Sanpaolo Price Performance

OTCMKTS ISNPY opened at $40.26 on Thursday. Intesa Sanpaolo has a 1-year low of $22.32 and a 1-year high of $41.89. The firm has a market capitalization of $116.84 billion, a P/E ratio of 11.98, a P/E/G ratio of 1.11 and a beta of 0.99. The business’s 50-day simple moving average is $38.93 and its 200-day simple moving average is $36.73.

Analysts Set New Price Targets

Several equities research analysts have issued reports on ISNPY shares. Zacks Research downgraded shares of Intesa Sanpaolo from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 5th. Keefe, Bruyette & Woods downgraded Intesa Sanpaolo from a “moderate buy” rating to a “hold” rating in a report on Friday, November 14th. Morgan Stanley reissued an “overweight” rating on shares of Intesa Sanpaolo in a research report on Monday. Royal Bank Of Canada initiated coverage on Intesa Sanpaolo in a research report on Wednesday, October 15th. They issued a “moderate buy” rating for the company. Finally, The Goldman Sachs Group downgraded Intesa Sanpaolo from a “buy” rating to a “hold” rating in a report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

About Intesa Sanpaolo

Intesa Sanpaolo S.p.A. provides various financial products and services primarily in Italy. It operates through six segments: Banca dei Territori, IMI Corporate & Investment Banking, International Subsidiary Banks, Asset Management, Private Banking, and Insurance. The company offers lending and deposit products; private and commercial banking, corporate and transaction banking, structured finance, investment banking, public finance, and capital markets; industrial credit, leasing, and factoring; asset management; life and non-life insurance and pension products; asset and wealth management; private investments; and bancassurance products.