LLB has successfully completed a significant financing measure by issuing a senior preferred bond valued at 200 million Swiss francs, with a maturity of 10 years. This transaction highlights the strong confidence that prominent financial institutions have in LLB's stability and growth potential.
On October 8, 2024, LLB's share price experienced a slight decline of 1.97%, settling at EUR 74.50. Despite this minor fluctuation, the stock remains in positive territory for the year, reflecting an overall gain of 11.19%.
For the upcoming financial year, LLB has announced plans to distribute a dividend of EUR 2.70 per share, which translates to an attractive dividend yield of 3.88%. Recent analyses indicate that shareholders may need to take urgent action regarding their investments in LLB. Investors are encouraged to assess whether it is a favorable time to buy or sell shares, as insights from the latest evaluations suggest a critical juncture for the bank's stock performance.