UBS shares experienced a 1.0 percent decline in trading on Monday afternoon, reaching a low of CHF 28.11. The stock is currently performing below the SMI, which is at 12,296 points.
The stock's 52-week high was CHF 28.78 on June 3, 2024, which is 2.17 percent higher than the current price. The 52-week low was CHF 20.88 on October 27, 2023. Currently, UBS shares are trading 34.91 percent above this low.
In 2023, a dividend of CHF 0.640 was distributed, and it is expected to increase to USD 0.823 this year. UBS reported earnings per share of CHF 0.32 for the quarter ending June 30, 2024, a significant decrease from CHF 8.42 in the same quarter last year. However, revenue increased by 38.06 percent to CHF 19.76 billion compared to CHF 14.32 billion in the previous year.
The results for Q3 2024 are expected to be released on October 30, 2024, with experts projecting earnings of USD 1.65 per share for the full year.