Deutsche Börse AG (OTCMKTS:DBOEY) Raises Dividend to $0.23 Per Share

Deutsche Börse AG (OTCMKTS:DBOEY) declared an annual dividend on Tuesday, April 6th, Zacks reports. Investors of record on Friday, May 21st will be paid a dividend of 0.23 per share by the financial services provider on Wednesday, June 9th. This represents a yield of 1.36%. The ex-dividend date of this dividend is Thursday, May 20th. This is a boost from Deutsche Börse’s previous annual dividend of $0.20.

DBOEY stock opened at $16.93 on Thursday. The firm’s 50-day moving average price is $16.42 and its two-hundred day moving average price is $16.49. Deutsche Börse has a 12-month low of $13.83 and a 12-month high of $19.78. The stock has a market capitalization of $32.17 billion, a price-to-earnings ratio of 26.46 and a beta of 0.82.

Deutsche Börse (OTCMKTS:DBOEY) last released its quarterly earnings data on Wednesday, February 10th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. Deutsche Börse had a net margin of 29.60% and a return on equity of 18.86%. The firm had revenue of $1.22 billion for the quarter. On average, research analysts expect that Deutsche Börse will post 0.75 EPS for the current fiscal year.

A number of research firms have issued reports on DBOEY. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Deutsche Börse in a research report on Monday, March 29th. Credit Suisse Group raised shares of Deutsche Börse from a “neutral” rating to an “outperform” rating in a research note on Tuesday, February 16th. Berenberg Bank reaffirmed a “hold” rating on shares of Deutsche Börse in a research note on Wednesday, March 31st. Morgan Stanley reissued an “equal weight” rating on shares of Deutsche Börse in a research note on Wednesday, February 17th. Finally, HSBC raised shares of Deutsche Börse from a “hold” rating to a “buy” rating in a research note on Monday, March 15th. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the stock. Deutsche Börse has an average rating of “Hold” and an average price target of $18.00.

Deutsche Börse Company Profile

Deutsche Börse AG operates as an exchange organization in Europe, the United States, and the Asia-Pacific. The company operates through seven segments: Eurex (Financial Derivatives), EEX (Commodities), 360T (Foreign Exchange), Xetra (Cash Equities), Clearstream (Post-Trading), IFS (Investment Fund Services), and Qontigo (index and analytics business).

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Dividend History for Deutsche Börse (OTCMKTS:DBOEY)

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