Absa Group (OTCMKTS:AGRPY) Shares Pass Above 50 Day Moving Average - Here's Why
The firm has a fifty day moving average of $18.52 and a two-hundred day moving average of $19.68.
The business also recently disclosed a dividend, which was paid on Friday, May 9th. Stockholders of record on Monday, April 28th were paid a dividend of $0.6107 per share. This represents a dividend yield of 6.77%. The ex-dividend date of this dividend was Friday, April 25th. This is a positive change from Absa Group’s previous dividend of $0.60. Absa Group’s dividend payout ratio is 46.51%.
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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