Prysmian S.p.A. (OTCMKTS:PRYMY – Get Free Report)’s share price was up 1% during trading on Monday . The stock traded as high as $28.09 and last traded at $28.09. Approximately 6,190 shares changed hands during trading, a decline of 80% from the average daily volume of 31,710 shares. The stock had previously closed at $27.82.
Prysmian Stock Performance
The company’s 50-day simple moving average is $26.26 and its 200 day simple moving average is $22.93.
Prysmian Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, May 8th. Shareholders of record on Thursday, April 25th will be given a dividend of $0.2253 per share. The ex-dividend date is Wednesday, April 24th. This is a boost from Prysmian’s previous dividend of $0.20. Prysmian’s dividend payout ratio (DPR) is currently 34.59%.
About Prysmian
Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions.
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