Prysmian S.p.A. (OTCMKTS:PRYMY – Get Free Report) rose 1.4% during trading on Monday . The company traded as high as $30.57 and last traded at $30.13. Approximately 113,020 shares changed hands during trading, a decline of 8% from the average daily volume of 122,927 shares. The stock had previously closed at $29.72.
Prysmian Stock Performance
The stock has a 50-day simple moving average of $27.71 and a 200 day simple moving average of $31.42.
Prysmian Increases Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, May 8th. Shareholders of record on Thursday, April 24th were given a dividend of $0.2385 per share. The ex-dividend date was Wednesday, April 23rd. This is a positive change from Prysmian’s previous dividend of $0.23. This represents a yield of 0.92%. Prysmian’s dividend payout ratio (DPR) is presently 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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