Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Declares Dividend of $0.71

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) declared a dividend on Tuesday, March 4th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 0.7123 per share on Thursday, April 17th. The ex-dividend date is Friday, March 28th. This is a 13.2% increase from Svenska Handelsbanken AB (publ)’s previous dividend of $0.63.

Svenska Handelsbanken AB (publ) Price Performance

Shares of SVNLY traded up $0.24 during midday trading on Wednesday, reaching $6.55. The stock had a trading volume of 47,327 shares, compared to its average volume of 116,317. The company has a market capitalization of $25.92 billion, a price-to-earnings ratio of 10.07, a price-to-earnings-growth ratio of 1.94 and a beta of 0.83. The company’s 50-day moving average is $5.62 and its 200 day moving average is $5.26. The company has a current ratio of 2.17, a quick ratio of 2.08 and a debt-to-equity ratio of 0.18. Svenska Handelsbanken AB has a 12-month low of $4.24 and a 12-month high of $6.57.

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.14 by $0.03. Svenska Handelsbanken AB (publ) had a net margin of 14.89% and a return on equity of 13.62%. On average, equities analysts predict that Svenska Handelsbanken AB will post 0.54 EPS for the current fiscal year.

Svenska Handelsbanken AB (publ) Company Profile

Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, Finland, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services, as well as foreign exchange rate services.