SWATCH GRP AG/ADR (OTCMKTS:SWGAY) announced an annual dividend on Tuesday, May 14th, Zacks reports. Investors of record on Tuesday, May 28th will be paid a dividend of 0.227 per share on Thursday, June 13th. This represents a dividend yield of 1.65%. The ex-dividend date of this dividend is Friday, May 24th.
Shares of OTCMKTS SWGAY opened at $13.70 on Friday. SWATCH GRP AG/ADR has a 52-week low of $13.42 and a 52-week high of $25.30.
Separately, Morgan Stanley raised SWATCH GRP AG/ADR from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, May 8th. One research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The company has an average rating of “Hold”.
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The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components worldwide. The company operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry.
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