Tabcorp Holdings Limited (OTCMKTS:TACBY – Get Free Report) shares were down 12% during mid-day trading on Friday . The company traded as low as $0.75 and last traded at $0.75. Approximately 1,700 shares changed hands during trading, an increase of 130% from the average daily volume of 740 shares. The stock had previously closed at $0.85.
Tabcorp Stock Down 12.0 %
The stock’s fifty day moving average price is $0.79 and its 200 day moving average price is $0.95.
Tabcorp Increases Dividend
The company also recently disclosed a dividend, which was paid on Friday, April 5th. Investors of record on Monday, March 4th were paid a $0.0116 dividend. This is an increase from Tabcorp’s previous dividend of $0.01. The ex-dividend date of this dividend was Friday, March 1st. Tabcorp’s dividend payout ratio is currently 87.15%.
About Tabcorp
Tabcorp Holdings Limited, together with its subsidiaries, provides gambling and entertainment services in Australia. It operates through Wagering and Media, and Gaming Services segments. The Wagering and Media segment offers through a network of TAB agencies, hotels and clubs, and on-course operations, as well as through retail, Internet, mobile devices, and phone.
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