Absa Group Limited (OTCMKTS:AGRPY – Get Free Report) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-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 trading hands.
Absa Group Stock Up 1.8 %
The stock has a fifty day moving average of $16.57 and a 200 day moving average of $17.47.
Absa Group Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 2nd. Stockholders of record on Friday, April 19th will be issued a $0.5707 dividend. The ex-dividend date is Thursday, April 18th. This is an increase from Absa Group’s previous dividend of $0.55. Absa Group’s payout ratio is 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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