Raiffeisen Bank International AG (OTCMKTS:RAIFY) Announces Dividend Increase – $0.30 Per Share

Raiffeisen Bank International AG (OTCMKTS:RAIFY) announced a dividend on Thursday, March 20th, NASDAQ Dividends reports. Shareholders of record on Tuesday, April 1st will be given a dividend of 0.2983 per share by the financial services provider on Thursday, April 17th. The ex-dividend date of this dividend is Tuesday, April 1st. This is a 38.7% increase from Raiffeisen Bank International’s previous dividend of $0.22.

Raiffeisen Bank International Stock Performance

Shares of Raiffeisen Bank International stock traded down $0.38 during midday trading on Friday, reaching $6.73. 10,337 shares of the company’s stock traded hands, compared to its average volume of 23,788. The company has a market cap of $8.86 billion, a price-to-earnings ratio of 3.62 and a beta of 1.49. Raiffeisen Bank International has a 52 week low of $3.93 and a 52 week high of $7.25. The company’s 50 day simple moving average is $6.17 and its 200 day simple moving average is $5.29.

Wall Street Analysts Forecast Growth

Separately, Barclays raised Raiffeisen Bank International to a “strong-buy” rating in a research note on Monday, February 10th.

Raiffeisen Bank International Company Profile

Raiffeisen Bank International AG, together with its subsidiaries, offers banking services to corporate, private customers, and institutional customers. The company offers cash management, cross border accounts, electronic banking, payments solutions, sustainable and subsidized financing, leveraged and acquisition financing, project and structured financing, real estate financing, leasing, factoring, trade and export financing, investment banking, investing, hedging, and investor services to its institutional clients and corporate customers in agri food and beverage, automotive, construction and building materials, food and beverage, healthcare and pharmaceuticals, oil and gas, packaging, real estate, retail, technology, telecom, and utilities industries.