NN Group (OTCMKTS:NNGRY) Increases Dividend to $0.91 Per Share

NN Group (OTCMKTS:NNGRY) declared a dividend on Saturday, May 17th, investing.com reports. Stockholders of record on Wednesday, May 21st will be paid a dividend of 0.9103 per share on Tuesday, June 10th. This represents a dividend yield of 4.72%. The ex-dividend date is Tuesday, May 20th. This is a 66.7% increase from NN Group’s previous dividend of $0.55.

NN Group Trading Up 0.0%

Shares of NNGRY stock opened at $31.05 on Friday. NN Group has a 1 year low of $20.97 and a 1 year high of $31.24. The firm’s 50 day moving average is $28.59 and its 200-day moving average is $25.03.

Wall Street Analyst Weigh In

Separately, Keefe, Bruyette & Woods downgraded shares of NN Group from a “moderate buy” rating to a “hold” rating in a research note on Wednesday.

About NN Group

NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers Life insurance products, such as group and individual pension products, retail life insurance, and SME life insurance products; and non-life insurance products, including motor, fire, liability, transport, travel, health, property and casualty, and disability and accident insurance products.