Credit Suisse Group AG (CS) to Issue Dividend of $0.04 on May 5th

Credit Suisse Group AG (NYSE:CS) declared a dividend on Thursday, April 15th, NASDAQ reports. Shareholders of record on Wednesday, May 5th will be paid a dividend of 0.035 per share by the financial services provider on Wednesday, May 5th. The ex-dividend date of this dividend is Tuesday, May 4th.

Credit Suisse Group has decreased its dividend payment by 79.2% over the last three years and has raised its dividend every year for the last 1 years.

Shares of CS opened at $10.57 on Friday. Credit Suisse Group has a 1 year low of $7.33 and a 1 year high of $14.95. The company has a debt-to-equity ratio of 3.57, a quick ratio of 1.35 and a current ratio of 1.35. The company’s 50 day simple moving average is $11.51 and its 200 day simple moving average is $12.40. The company has a market capitalization of $25.87 billion, a price-to-earnings ratio of 6.65, a PEG ratio of 0.66 and a beta of 1.60.

Credit Suisse Group (NYSE:CS) last issued its quarterly earnings results on Thursday, February 18th. The financial services provider reported ($0.17) EPS for the quarter. Credit Suisse Group had a return on equity of 8.32% and a net margin of 11.83%. The company had revenue of $5.78 billion for the quarter. Equities analysts expect that Credit Suisse Group will post 1.63 EPS for the current fiscal year.

Several brokerages recently commented on CS. Barclays reaffirmed an “overweight” rating on shares of Credit Suisse Group in a research report on Wednesday, April 21st. UBS Group raised shares of Credit Suisse Group from a “neutral” rating to a “buy” rating in a research report on Wednesday. Royal Bank of Canada reissued a “sector perform” rating on shares of Credit Suisse Group in a research report on Wednesday, April 7th. The Goldman Sachs Group reissued a “neutral” rating on shares of Credit Suisse Group in a research report on Wednesday, March 17th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Credit Suisse Group in a research report on Thursday, April 15th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. Credit Suisse Group presently has a consensus rating of “Hold” and a consensus price target of $14.00.

About Credit Suisse Group

Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers private banking and wealth management solutions, including advisory, investment, financial planning, succession planning, and trust services; and financing and lending, and multi-shore platform solutions.

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Dividend History for Credit Suisse Group (NYSE:CS)

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