Tesco PLC (OTCMKTS:TSCDY) Increases Dividend to $0.31 Per Share

Tesco PLC (OTCMKTS:TSCDY) declared a dividend on Thursday, April 25th, NASDAQ reports. Stockholders of record on Friday, May 17th will be given a dividend of 0.3061 per share on Tuesday, July 9th. The ex-dividend date of this dividend is Thursday, May 16th. This is a boost from Tesco’s previous dividend of $0.14.

Tesco Stock Performance

Shares of TSCDY remained flat at $10.96 during trading hours on Thursday. The stock had a trading volume of 156,587 shares, compared to its average volume of 398,449. The company has a current ratio of 0.81, a quick ratio of 0.59 and a debt-to-equity ratio of 0.49. Tesco has a 52-week low of $9.30 and a 52-week high of $11.74. The business’s 50 day moving average price is $11.00 and its two-hundred day moving average price is $10.80.

Tesco Company Profile

Tesco PLC, together with its subsidiaries, operates as a grocery retailer in the United Kingdom, Republic of Ireland, the Czech Republic, Slovakia, and Hungary. It offers grocery products through its stores, as well as online. The company is also involved in the food and drink wholesaling activities.