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Swedbank AB (publ) (OTCMKTS:SWDBY) Announces Dividend of $1.98

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Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) declared a dividend on Tuesday, February 4th, NASDAQ Dividends reports. Investors of record on Friday, March 28th will be given a dividend of 1.9773 per share by the financial services provider on Monday, April 14th. The ex-dividend date of this dividend is Friday, March 28th. This is a 33.6% increase from Swedbank AB (publ)'s previous dividend of $1.48.

Swedbank AB (publ) Price Performance

Shares of SWDBY traded down SEK 2.18 during trading hours on Friday, reaching SEK 23.39. 39,000 shares of the company's stock traded hands, compared to its average volume of 23,695. Swedbank AB has a 12 month low of SEK 18.52 and a 12 month high of SEK 26.56. The company has a current ratio of 1.52, a quick ratio of 1.50 and a debt-to-equity ratio of 3.63. The stock has a market cap of $26.32 billion, a PE ratio of 7.98, a price-to-earnings-growth ratio of 0.93 and a beta of 0.93. The firm's 50 day simple moving average is SEK 23.99 and its 200-day simple moving average is SEK 21.53.

Swedbank AB (publ) (OTCMKTS:SWDBY - Get Free Report) last issued its quarterly earnings results on Thursday, January 23rd. The financial services provider reported SEK 0.70 EPS for the quarter. Swedbank AB (publ) had a net margin of 23.64% and a return on equity of 16.95%. Equities analysts expect that Swedbank AB will post 2.34 EPS for the current year.

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Wall Street Analysts Forecast Growth

Separately, Barclays cut Swedbank AB (publ) from a "hold" rating to a "strong sell" rating in a report on Monday, February 3rd.

Check Out Our Latest Analysis on Swedbank AB (publ)

About Swedbank AB (publ)

(Get Free Report)

Swedbank AB (publ) provides various banking products and services to private and corporate customers in Sweden, Estonia, Latvia, Lithuania, Norway, the United States, Finland, Denmark, Luxembourg, and China. The company operates through three business areas: Swedish Banking, Baltic Banking, and Corporates and Institutions.

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Dividend History for Swedbank AB (publ) (OTCMKTS:SWDBY)

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