Nestlé S.A. (OTCMKTS:NSRGF) Plans Dividend of $3.00

Nestlé S.A. (OTCMKTS:NSRGF) declared a dividend on Saturday, April 13th, investing.com reports. Shareholders of record on Tuesday, April 23rd will be given a dividend of 3.00 per share on Wednesday, April 24th. This represents a dividend yield of 3.18%. The ex-dividend date of this dividend is Monday, April 22nd.

Nestlé Stock Performance

OTCMKTS NSRGF opened at $104.61 on Friday. Nestlé has a 52-week low of $100.37 and a 52-week high of $132.00. The firm has a 50-day moving average of $105.90 and a 200-day moving average of $110.29.

Hedge Funds Weigh In On Nestlé

A hedge fund recently bought a new stake in Nestlé stock. Kennedy Capital Management LLC bought a new stake in Nestlé S.A. (OTCMKTS:NSRGF) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 33,324 shares of the company’s stock, valued at approximately $4,008,000. 27.22% of the stock is currently owned by institutional investors.

About Nestlé

Nestlé SA, together with its subsidiaries, operates as a food and beverage company. The company operates through Zone North America; Zone Europe; Zone Asia, Oceania, and Africa; Zone Latin America; Zone Greater China; Nespresso; and Nestlé Health Science segments. It offers baby foods under the Cerelac, Gerber, Nido, and NaturNes brands; bottled water under the Nestlé Pure Life, Perrier, Vittel, Buxton, Erikli, and S.Pellegrino brands; cereals under the Fitness, Nesquik, cheerios, and Lion Cereals brands; and chocolate and confectionery products under the KitKat, Smarties, Aero, Nestlé Les Recettes de l'Atelier, Milkybar, Baci Perugina, Quality Street, and Fitness brands.