Commerzbank AG (CRZBY) Announces $0.15 Annual Dividend

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Commerzbank AG (OTCMKTS:CRZBY) announced an annual dividend on Wednesday, May 8th, Zacks reports. Stockholders of record on Friday, May 24th will be given a dividend of 0.145 per share by the financial services provider on Thursday, June 6th. This represents a dividend yield of 1.7%. The ex-dividend date is Thursday, May 23rd.

Commerzbank stock opened at $8.54 on Friday. The stock has a market cap of $10.88 billion, a PE ratio of 10.86 and a beta of 1.61. Commerzbank has a 1-year low of $6.22 and a 1-year high of $12.16.

CRZBY has been the subject of a number of analyst reports. ValuEngine lowered shares of Commerzbank from a “hold” rating to a “sell” rating in a report on Friday, February 22nd. BNP Paribas reiterated a “neutral” rating on shares of Commerzbank in a report on Wednesday, February 27th. Jefferies Financial Group initiated coverage on shares of Commerzbank in a report on Thursday, May 2nd. They set a “hold” rating for the company. Finally, Zacks Investment Research lowered shares of Commerzbank from a “hold” rating to a “sell” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold”.

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About Commerzbank

Commerzbank Aktiengesellschaft provides banking and capital market services to private and small business customers, corporate clients, multinationals, financial service providers, and institutional clients worldwide. It operates through two segments, Private and Small-Business Customers and Corporate Clients segments.

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