() jumped 1.3% on Wednesday. The company's stock traded up to $8.53, and it last traded at $8.53. The trading volume was down 87% to 2 014 shares. Stock had closed previously at $8.42.
Wall Street analysts weigh in
SNMCY has recently been the subject of several brokerages' opinions. JPMorgan Chase & Co. lowered Suncorp Group's rating from 'overweight to 'neutral in a research report on Wednesday, 11th January. Goldman Sachs Group started coverage of Suncorp Group on Tuesday, 24th January. The stock's 50-day simple moving average is $8.38, and its 200-day simple moving median is $8.04.
Suncorp Group increases dividend
A dividend was also paid by the business on Friday, 7th April. Dividends were paid to shareholders who had their shares registered on the 20th of February. This yield is 3.5%. Ex-dividend was Friday, the 17th of February. This dividend is an increase from Suncorp Group’s previous $0.10 dividend.
Suncorp Group Limited offers insurance and banking services to corporate and retail customers in Australia and New Zealand. The company is divided into three segments: Insurance (Australia), Suncorp Bank and Suncorp New Zealand. The Insurance (Australian) segment offers general insurance services and products including motor, marine, commercial property and industrial special risks, public liability, professional indemnity and workers' compensation. It also distributes life insurance.
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