RTL Group S.A. (OTCMKTS:RGLXY – Get Free Report)’s share price shot up 0.6% during trading on Wednesday . The stock traded as high as $3.35 and last traded at $3.35. 7,604 shares traded hands during trading, an increase of 230% from the average session volume of 2,305 shares. The stock had previously closed at $3.33.
RTL Group Price Performance
The company’s 50-day moving average is $3.60 and its two-hundred day moving average is $3.59.
RTL Group Cuts Dividend
The business also recently announced a dividend, which will be paid on Tuesday, May 14th. Investors of record on Friday, April 26th will be given a $0.2225 dividend. The ex-dividend date of this dividend is Thursday, April 25th. RTL Group’s dividend payout ratio is presently 117.30%.
About RTL Group
RTL Group SA, an entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally. The RTL Deutschland segment operates TV, streaming, radio, digital, and publishing; owns TV channels, magazines, podcasts, and various digital offerings; and radio groups, including Antenne Bayern and Radio Hamburg.
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