Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) shares rose 3.3% on Monday . The stock traded as high as $7.9660 and last traded at $7.93. Approximately 28,622 shares traded hands during mid-day trading, an increase of 7% from the average daily volume of 26,665 shares. The stock had previously closed at $7.68.
Localiza Rent a Car Stock Up 3.3%
The company’s fifty day moving average price is $7.21 and its 200-day moving average price is $7.12.
Localiza Rent a Car Increases Dividend
The firm also recently announced a dividend, which will be paid on Friday, November 28th. Shareholders of record on Monday, October 6th will be given a dividend of $0.0821 per share. This represents a dividend yield of 353.0%. This is a boost from Localiza Rent a Car’s previous dividend of $0.08. The ex-dividend date is Friday, October 3rd. Localiza Rent a Car’s dividend payout ratio (DPR) is presently 13.86%.
Localiza Rent a Car Company Profile
Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.
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