Saab AB (OTCMKTS:SAABY – Get Free Report) hit a new 52-week high on Thursday . The stock traded as high as $21.13 and last traded at $20.87, with a volume of 193556 shares traded. The stock had previously closed at $19.52.
Wall Street Analyst Weigh In
Separately, UBS Group raised Saab from a “hold” rating to a “strong-buy” rating in a report on Monday, March 24th.
View Our Latest Research Report on Saab
Saab Stock Up 6.9 %
Saab Dividend Announcement
The company also recently announced a dividend, which will be paid on Friday, May 2nd. Investors of record on Monday, April 14th will be given a $0.0493 dividend. The ex-dividend date of this dividend is Monday, April 14th. Saab’s dividend payout ratio (DPR) is presently 27.27%.
Saab Company Profile
Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets worldwide. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The company develops military aviation technology, as well as conducts studies on manned and unmanned aircraft.
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