Swiss Re AG (SSREY) To Go Ex-Dividend on April 16th

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

Swiss Re Stock Performance

Shares of Swiss Re stock opened at $43.12 on Friday. Swiss Re has a 1 year low of $26.66 and a 1 year high of $43.54. The business has a 50-day moving average of $39.96 and a two-hundred day moving average of $36.71.

Analysts Set New Price Targets

SSREY has been the subject of a number of analyst reports. The Goldman Sachs Group upgraded Swiss Re from a “strong sell” rating to a “hold” rating in a research note on Friday, December 13th. Hsbc Global Res cut Swiss Re from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy”.

About Swiss Re

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.