Absa Group Limited (OTCMKTS:AGRPY – Get Free Report) shares crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $17.49 and traded as low as $14.99. Absa Group shares last traded at $15.03, with a volume of 11,115 shares.
Absa Group Trading Down 3.3 %
The firm’s 50 day moving average price is $16.60 and its two-hundred day moving average price is $17.49.
Absa Group Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, May 2nd. Investors of record on Friday, April 19th will be issued a dividend of $0.5707 per share. This is a boost from Absa Group’s previous dividend of $0.55. The ex-dividend date of this dividend is Thursday, April 18th. Absa Group’s dividend payout ratio is currently 46.51%.
Absa Group Company Profile
Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.
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