SUEZ/ADR (SZEVY) Declares $0.26 Annual Dividend

SUEZ/ADR (OTCMKTS:SZEVY) announced an annual dividend on Thursday, May 9th, Zacks reports. Investors of record on Monday, May 20th will be paid a dividend of 0.258 per share by the utilities provider on Wednesday, June 12th. This represents a yield of 3.7%. The ex-dividend date of this dividend is Friday, May 17th.

Shares of SZEVY stock opened at $6.95 on Thursday. SUEZ/ADR has a 12-month low of $6.15 and a 12-month high of $7.71.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of SUEZ/ADR from a “sell” rating to a “hold” rating in a report on Thursday, April 4th. Jefferies Financial Group cut shares of SUEZ/ADR from a “buy” rating to a “hold” rating in a report on Friday, February 1st. Barclays assumed coverage on shares of SUEZ/ADR in a report on Wednesday, April 17th. They issued an “equal weight” rating on the stock. ValuEngine upgraded shares of SUEZ/ADR from a “hold” rating to a “buy” rating in a report on Monday. Finally, Morgan Stanley cut shares of SUEZ/ADR from an “equal” rating to a “weight” rating in a report on Wednesday, January 30th. Three investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. SUEZ/ADR currently has an average rating of “Hold”.

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Suez SA, together with its subsidiaries, engages in the water and waste cycle management business in France, Europe, and internationally. The company operates through five segments: Water Europe, Recycling and Recovery Europe, International, Water Technologies & Solutions, and Other. It provides water distribution and treatment services to individuals, local authorities, and industrial clients; and waste collection and treatment services, including collection, sorting, recycling, composting, energy recovery, and landfilling for non-hazardous and hazardous waste for local authorities and industrial clients.

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