Deutsche Börse AG (OTCMKTS:DBOEY) Increases Dividend to $0.27 Per Share

Deutsche Börse AG (OTCMKTS:DBOEY) announced a dividend on Friday, May 16th, investing.com reports. Investors of record on Monday, May 19th will be given a dividend of 0.2651 per share by the financial services provider on Tuesday, June 3rd. This represents a yield of 0.83%. The ex-dividend date is Friday, May 16th. This is a 1.3% increase from Deutsche Börse’s previous dividend of $0.26.

Deutsche Börse Trading Down 0.3%

OTCMKTS:DBOEY opened at $31.86 on Friday. Deutsche Börse has a 12 month low of $19.11 and a 12 month high of $33.52. The firm’s 50 day moving average is $30.33 and its 200 day moving average is $26.19. The stock has a market capitalization of $59.99 billion, a PE ratio of 27.95, a price-to-earnings-growth ratio of 3.54 and a beta of 0.71.

Deutsche Börse (OTCMKTS:DBOEY) last issued its earnings results on Monday, April 28th. The financial services provider reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.49 billion. Deutsche Börse had a net margin of 27.64% and a return on equity of 20.07%. Research analysts predict that Deutsche Börse will post 1.12 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Kepler Capital Markets lowered Deutsche Börse from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 29th.

Deutsche Börse Company Profile

Deutsche Börse AG operates as an exchange organization in Europe, America, and the Asia-Pacific. The company operates through four segments: Data & Analytics; Trading & Clearing; Fund Services; and Securities Services. It engages in the trading of derivatives, electricity and gas products, emission rights, foreign exchange, and commodity products; operating EEX and 360T over the counter trading platform for financial instruments, such as foreign exchange, money market, and interest rate products; and operating as a central counterparty.