Universal Music Group (OTCMKTS:UNVGY – Get Free Report) shot up 0.8% during mid-day trading on Thursday . The stock traded as high as 15.59 and last traded at 15.37. 36,200 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 75,800 shares. The stock had previously closed at 15.25.
Universal Music Group Trading Up 0.8 %
The business has a 50-day moving average price of 14.82 and a 200-day moving average price of 14.26.
Universal Music Group Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, June 27th. Investors of record on Tuesday, May 21st will be given a dividend of $0.0934 per share. This is a positive change from Universal Music Group’s previous dividend of $0.09. The ex-dividend date of this dividend is Monday, May 20th.
Universal Music Group Company Profile
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations.
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