Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) Raises Dividend to $0.63 Per Share

Banca Mediolanum S.p.A. (OTCMKTS:BNMDF) declared a dividend on Wednesday, April 16th, investing.com reports. Investors of record on Wednesday, April 23rd will be given a dividend of 0.63 per share on Thursday, April 24th. This represents a yield of 6.87%. The ex-dividend date is Tuesday, April 22nd. This is a 70.3% increase from Banca Mediolanum’s previous dividend of $0.37.

Banca Mediolanum Price Performance

Shares of Banca Mediolanum stock opened at $15.70 on Thursday. The company has a 50-day simple moving average of $13.10 and a two-hundred day simple moving average of $11.83. Banca Mediolanum has a 52-week low of $11.50 and a 52-week high of $15.70.

About Banca Mediolanum

Banca Mediolanum S.p.A. provides various banking products and services in Italy. The company offers current accounts; deposits; and mortgages and loans. It also provides debit, credit, and prepaid cards; investment products, such as mutual funds, unit linked policies, investment strategies, other investments, trading, and retirement products; and life insurance products and services.