Deutsche Bank Aktiengesellschaft (NYSE:DB) Declares Annual Dividend of $0.33

Deutsche Bank Aktiengesellschaft (NYSE:DB - Get Free Report) announced an annual dividend on Thursday, May 16th, investing.com reports. Investors of record on Thursday, May 16th will be given a dividend of 0.3313 per share by the bank on Tuesday, May 21st. This represents a yield of 2.05%. The ex-dividend date is Friday, May 17th.

Deutsche Bank Aktiengesellschaft has a dividend payout ratio of 17.1% indicating that its dividend is sufficiently covered by earnings. Analysts expect Deutsche Bank Aktiengesellschaft to earn $2.50 per share next year, which means the company should continue to be able to cover its $0.48 annual dividend with an expected future payout ratio of 19.2%.

Deutsche Bank Aktiengesellschaft Price Performance

DB traded down $0.35 during trading on Thursday, hitting $17.18. The company's stock had a trading volume of 2,203,551 shares, compared to its average volume of 3,272,410. The firm has a market capitalization of $35.51 billion, a price-to-earnings ratio of 7.50, a P/E/G ratio of 0.96 and a beta of 1.30. Deutsche Bank Aktiengesellschaft has a twelve month low of $9.82 and a twelve month high of $17.95. The business's fifty day simple moving average is $15.98 and its 200 day simple moving average is $13.92. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.40.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the stock. Citigroup lowered shares of Deutsche Bank Aktiengesellschaft from a "buy" rating to a "neutral" rating in a research report on Wednesday, January 31st. Erste Group Bank upgraded Deutsche Bank Aktiengesellschaft from a "sell" rating to a "hold" rating in a research report on Wednesday, March 13th. StockNews.com upgraded Deutsche Bank Aktiengesellschaft from a "hold" rating to a "buy" rating in a report on Monday, March 18th. Finally, Morgan Stanley upgraded Deutsche Bank Aktiengesellschaft from an "equal weight" rating to an "overweight" rating in a report on Wednesday, March 27th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold".

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft, a stock corporation, provides corporate and investment banking, and asset management products and services to private individuals, corporate entities, and institutional clients in Germany, the United Kingdom, rest of Europe, the Middle East, Africa, the Americas, and the Asia-Pacific.