Schneider Electric Declares Annual Dividend of $0.03 (OTCMKTS:SBGSY)

Schneider Electric (OTCMKTS:SBGSY) declared an annual dividend on Friday, March 30th, Zacks reports. Shareholders of record on Tuesday, May 1st will be given a dividend of 0.031 per share by the industrial products company on Thursday, May 24th. This represents a yield of 0.18%. The ex-dividend date is Monday, April 30th.

Shares of OTCMKTS:SBGSY traded up $0.11 during trading on Monday, hitting $18.36. The company had a trading volume of 98,387 shares, compared to its average volume of 149,512. The firm has a market capitalization of $54.07 billion, a price-to-earnings ratio of 19.33, a PEG ratio of 2.99 and a beta of 1.36. Schneider Electric has a one year low of $14.71 and a one year high of $18.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.34 and a quick ratio of 1.06.

Separately, ValuEngine raised Schneider Electric from a “hold” rating to a “buy” rating in a research report on Tuesday, April 17th.

Schneider Electric Company Profile

Schneider Electric S.E. provides energy management and automation solutions worldwide. It operates through four businesses: Low Voltage, Medium Voltage, Industrial Automation, and Secure Power. The Low Voltage business provides low voltage power and building automation products and solutions that address the needs of various end markets from buildings to industries and infrastructure to data centers.

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