DNB Bank ASA (OTCMKTS:DNBBY) to Issue Dividend Increase – $1.53 Per Share

DNB Bank ASA (OTCMKTS:DNBBYGet Free Report) declared a dividend on Monday, April 1st, NASDAQ reports. Investors of record on Thursday, May 2nd will be paid a dividend of 1.5339 per share on Wednesday, May 15th. The ex-dividend date is Wednesday, May 1st. This is a boost from DNB Bank ASA’s previous dividend of $1.00.

DNB Bank ASA Trading Down 1.1 %

Shares of OTCMKTS:DNBBY opened at $19.77 on Tuesday. The business’s 50 day moving average is $19.89 and its 200 day moving average is $19.70. The company has a debt-to-equity ratio of 3.53, a current ratio of 1.49 and a quick ratio of 1.49. DNB Bank ASA has a 52-week low of $16.34 and a 52-week high of $21.32.

DNB Bank ASA (OTCMKTS:DNBBYGet Free Report) last issued its quarterly earnings data on Wednesday, January 31st. The company reported $0.55 EPS for the quarter. DNB Bank ASA had a return on equity of 14.54% and a net margin of 21.11%. The firm had revenue of $1.85 billion during the quarter. Sell-side analysts predict that DNB Bank ASA will post 2.33 EPS for the current fiscal year.

About DNB Bank ASA

(Get Free Report)

DNB Bank ASA provides financial services for retail and corporate customers in Norway and internationally. The company offers personal banking products and services, including savings and investment products; loans, such as home mortgages, and car and consumer loans; pet, home and property, travel, and personal insurance products, as well as insurance products for vehicles; retirement savings products; foreign exchange and treasury activities; and Internet and mobile banking services, as well as cards.

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