Société Générale Société anonyme (SCGLY) to Issue Dividend of $0.18 on June 12th

Société Générale Société anonyme (OTCMKTS:SCGLY) announced a dividend on Tuesday, May 20th, investing.com reports. Investors of record on Friday, May 23rd will be paid 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 Trading Up 2.2%

Shares of SCGLY opened at $11.12 on Tuesday. The business’s 50-day moving average price is $9.44 and its 200-day moving average price is $7.47. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 3.61. Société Générale Société anonyme has a twelve month low of $4.30 and a twelve 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 posted its earnings results on Wednesday, April 30th. The financial services provider reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.34 by $0.04. Société Générale Société anonyme had a net margin of 14.96% and a return on equity of 4.49%. The business had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.02 billion. On average, equities analysts forecast that Société Générale Société anonyme will post 1.14 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

Société Générale Société anonyme Company Profile

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.