Ageas (OTCMKTS:AGESY) Share Price Crosses Above Fifty Day Moving Average - Here's What Happened

Key Points

• Ageas SA (OTCMKTS:AGESY) has surpassed its fifty day moving average of $67.67, trading at a recent high of $73.06.
• The company recently increased its dividend to $1.5908, marking a significant rise from the previous dividend of $1.11 and representing a yield of 405.0%.
• Ageas operates in multiple segments, including Belgium, Europe, Asia, Reinsurance, and General Account, providing a range of insurance products.

Ageas SA (OTCMKTS:AGESY - Get Free Report) shares passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $67.67 and traded as high as $73.06. Ageas shares last traded at $73.06, with a volume of 1,983 shares trading hands.

Ageas Trading Up 1.3%

The business's 50 day moving average is $68.24 and its two-hundred day moving average is $62.68. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.07 and a quick ratio of 1.07.

Ageas Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 13th. Investors of record on Monday, June 9th were paid a $1.5908 dividend. This is an increase from Ageas's previous dividend of $1.11. This represents a yield of 405.0%. The ex-dividend date of this dividend was Friday, June 6th.

About Ageas

ageas SA/NV, together with its subsidiaries, engages in insurance business. It operates in five segments: Belgium, Europe, Asia, Reinsurance, and General Account. The company offers property, casualty, and life insurance products, as well as pension products; and reinsurance products. It provides life insurance products include risks related to the life and death of individuals; and non-life insurance products comprise accident and health, motor, fire, and other property insurance products, as well as insurance services for other damages to property.