Raiffeisen Bank International AG (OTCMKTS:RAIFY) Increases Dividend to $0.30 Per Share

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

Raiffeisen Bank International Stock Down 5.3 %

Raiffeisen Bank International stock traded down $0.38 during midday trading on Friday, hitting $6.73. The company’s stock had a trading volume of 10,337 shares, compared to its average volume of 23,788. Raiffeisen Bank International has a 12 month low of $3.93 and a 12 month high of $7.25. The stock’s 50-day moving average price is $6.17 and its 200-day moving average price is $5.29. The company has a market capitalization of $8.86 billion, a PE ratio of 3.62 and a beta of 1.49.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Raiffeisen Bank International to a “strong-buy” rating in a research report 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.