Société Générale Société anonyme (OTCMKTS:SCGLY) to Issue $0.18 Dividend

Société Générale Société anonyme (OTCMKTS:SCGLY) declared a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Friday, May 23rd will be given a dividend of 0.1797 per share by the financial services provider on Thursday, June 12th. This represents a yield of 1.62%. The ex-dividend date of this dividend is Thursday, May 22nd.

Société Générale Société anonyme Stock Up 2.2%

OTCMKTS SCGLY opened at $11.12 on Tuesday. The stock’s 50 day moving average is $9.44 and its 200 day moving average is $7.47. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 3.61. Société Générale Société anonyme has a 12 month low of $4.30 and a 12 month high of $11.13. The stock has a market cap of $44.50 billion, a PE ratio of 11.12, a P/E/G ratio of 0.26 and a beta of 1.04.

Société Générale Société anonyme (OTCMKTS:SCGLY) last issued its quarterly earnings data on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.34 by $0.04. The business had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.02 billion. Société Générale Société anonyme had a return on equity of 4.49% and a net margin of 14.96%. Research analysts predict that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the company. UBS Group cut Société Générale Société anonyme from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 8th. Barclays upgraded Société Générale Société anonyme from a “hold” rating to a “strong-buy” rating in a report on Monday, January 27th. Finally, Kepler Capital Markets lowered Société Générale Société anonyme from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 2nd. Four analysts have rated the stock with a hold rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Société Générale Société anonyme presently has an average rating of “Moderate Buy”.

About Société Générale Société anonyme

Société Générale Société anonyme provides banking and financial services to individuals, corporates, and institutional clients in Europe and internationally. It operates through French Retail Banking, International Retail Banking & Financial Services, and Global Banking and Investor Solutions. It offers retail banking services, such as consumer credit, vehicle leasing and fleet management, online banking, wealth management, and equipment and vendor finance services; and insurance products, including home, vehicle, family, health, and mortgage insurance.