Svenska Handelsbanken AB (publ) (SVNLY) to Issue Dividend of $0.71 on April 17th

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 paid 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 Svenska Handelsbanken AB (publ) stock opened at $6.55 on Thursday. The stock has a market capitalization of $25.92 billion, a price-to-earnings ratio of 10.07, a P/E/G ratio of 1.94 and a beta of 0.83. The firm’s 50-day moving average price is $5.62 and its two-hundred day moving average price 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 1-year low of $4.24 and a 1-year high of $6.57.

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

About Svenska Handelsbanken AB (publ)

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.