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Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY) Plans Dividend of $0.63

Terna Rete Elettrica Nazionale logo with Utilities background

Terna Rete Elettrica Nazionale SpA Unsponsored ADR (OTCMKTS:TEZNY - Get Free Report) announced a dividend on Wednesday, June 18th, investing.com reports. Stockholders of record on Wednesday, June 25th will be paid a dividend of 0.6325 per share on Thursday, July 10th. This represents a dividend yield of 2.82%. The ex-dividend date of this dividend is Tuesday, June 24th. This is a 66.5% increase from Terna Rete Elettrica Nazionale's previous dividend of $0.38.

Terna Rete Elettrica Nazionale Stock Performance

Shares of TEZNY stock traded up $0.36 during trading on Friday, reaching $30.86. The company's stock had a trading volume of 13,835 shares, compared to its average volume of 10,485. The business has a fifty day moving average price of $29.76 and a 200-day moving average price of $26.60. Terna Rete Elettrica Nazionale has a one year low of $22.94 and a one year high of $31.18.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on TEZNY. Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Terna Rete Elettrica Nazionale in a research report on Thursday, March 27th. Morgan Stanley reissued an "underweight" rating on shares of Terna Rete Elettrica Nazionale in a research report on Friday, May 16th.

Check Out Our Latest Stock Report on Terna Rete Elettrica Nazionale

Terna Rete Elettrica Nazionale Company Profile

(Get Free Report)

Terna S.p.A., together with its subsidiaries, provides electricity transmission and dispatching services in Italy, other Euro-area countries, and internationally. It operates through Regulated, Non-Regulated, and International segments. The company is involved in the design, construction, management, development, operation, and maintenance of national transmission grid; dispatching and metering; and construction of storage systems.

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