Susquehanna Plans Quarterly Dividend of $0.07 (SUSQ)
Susquehanna (NASDAQ:SUSQ) declared a quarterly dividend on Tuesday, December 11th. Stockholders of record on Friday, December 21st will be given a dividend of $0.07 per share on Monday, December 31st. This represents a $0.28 dividend on an annualized basis and a yield of Infinity.
SUSQ has been the subject of a number of recent research reports. Analysts at Credit Suisse initiated coverage on shares of Susquehanna in a research note to investors on Monday, November 19th. They set an “outperform” rating and a $12.00 price target on the stock. On the ratings front, analysts at Jefferies Group cut their price target on shares of Susquehanna from $12.00 to $11.50 in a research note to investors on Friday, October 26th. They now have a “buy” rating on the stock. Finally, analysts at JPMorgan Chase cut their price target on shares of Susquehanna from $11.50 to $11.00 in a research note to investors on Monday, October 8th. They now have a “neutral” rating on the stock.
Shares of Susquehanna (SUSQ) traded up 0.49% during mid-day trading on Tuesday, hitting $10.29. Susquehanna (SUSQ) has a one year low of $7.37 and a one year high of $11.27. The company has a market cap of $1.919 billion and a P/E ratio of 15.44.
Susquehanna last announced its earnings results on Wednesday, October 24th. The company reported $0.20 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.21 by $0.01. Analysts expect that Susquehanna (SUSQ) will post $0.84 EPS for the current fiscal year.
Susquehanna Bancshares, Inc. (Susquehanna) is a financial holding company that provides a range of retail and commercial banking and financial services, through its subsidiaries in the mid-Atlantic region.
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