Schneider Electric S.E. Announces Dividend of $0.67 (OTCMKTS:SBGSY)

Schneider Electric S.E. (OTCMKTS:SBGSY) announced a dividend on Saturday, May 10th, investing.com reports. Shareholders of record on Thursday, May 15th will be given a dividend of 0.6749 per share by the industrial products company on Wednesday, June 4th. This represents a dividend yield of 1.39%. The ex-dividend date of this dividend is Wednesday, May 14th.

Schneider Electric S.E. Stock Performance

SBGSY opened at $48.55 on Monday. The business’s 50-day moving average price is $47.34 and its two-hundred day moving average price is $49.74. Schneider Electric S.E. has a 1 year low of $39.77 and a 1 year high of $56.98. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.21 and a quick ratio of 0.91.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on SBGSY. Citigroup upgraded Schneider Electric S.E. from a “hold” rating to a “strong-buy” rating in a report on Thursday, April 17th. The Goldman Sachs Group upgraded Schneider Electric S.E. to a “strong-buy” rating in a report on Thursday, March 13th. Finally, Royal Bank of Canada upgraded Schneider Electric S.E. from a “strong sell” rating to a “moderate buy” rating in a report on Wednesday, March 19th.

Schneider Electric S.E. Company Profile

Schneider Electric S.E. engages in the energy management and industrial automation businesses in the France, Western Europe, North America, the Asia Pacific, Eastern Europe, the Middle East, Africa, South America, and internationally. The company offers busway and cable management products, circuit breakers and switches, contactors and protection relays, electrical car charging, electrical protection and control products, energy management software solutions, load banks, power monitoring and control systems, power quality and power factor correction products, push buttons, switches, pilot lights and joysticks, surge protection and power conditioning services, switchboards and enclosures, and transfer switches.