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Svenska Handelsbanken AB (Publ) (SVNLY) to Issue Dividend of $0.27 on April 13th

kopsource ·  Mar 21, 2023 20:04

Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Rating) announced a dividend on Friday, March 17th, investing.com reports. Investors of record on Friday, March 24th will be given a dividend of 0.2699 per share on Thursday, April 13th. This represents a dividend yield of 5.95%. The ex-dividend date is Thursday, March 23rd. This is a boost from Svenska Handelsbanken AB (publ)'s previous dividend of $0.19.

Svenska Handelsbanken AB (publ) Stock Up 2.7 %

SVNLY stock opened at $4.56 on Tuesday. The company has a current ratio of 1.89, a quick ratio of 1.89 and a debt-to-equity ratio of 0.23. Svenska Handelsbanken AB has a 1 year low of $3.90 and a 1 year high of $5.45. The company has a fifty day simple moving average of $5.08 and a 200 day simple moving average of $4.77. The firm has a market cap of $18.06 billion, a PE ratio of 8.38, a PEG ratio of 1.57 and a beta of 0.81.

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Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. lifted their price objective on shares of Svenska Handelsbanken AB (publ) from SEK 105 to SEK 110 and gave the company an "underweight" rating in a research note on Wednesday, December 7th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $103.20.

About Svenska Handelsbanken AB (publ)

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Svenska Handelsbanken AB engages in the provision of financial and banking services. It operates through the following segments: Sweden, United Kingdom, Denmark, Finland, Norway, The Netherlands, Capital Markets, and Others. The Capital Markets segment refers to the investment bank, including securities trading, and investment advisory services.

Further Reading

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