ANTA Sports Products (OTCMKTS:ANPDY) Stock Price Down 1.3% – Should You Sell?

ANTA Sports Products Limited (OTCMKTS:ANPDY) dropped 1.3% during trading on Monday . The stock traded as low as $277.33 and last traded at $289.01. Approximately 160 shares changed hands during trading, a decline of 90% from the average daily volume of 1,589 shares. The stock had previously closed at $292.85.

ANTA Sports Products Stock Performance

The firm’s 50 day moving average is $287.93 and its 200 day moving average is $273.37.

ANTA Sports Products Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 14th will be paid a dividend of $3.7331 per share. This represents a dividend yield of 2.49%. The ex-dividend date is Tuesday, May 13th. This is a positive change from ANTA Sports Products’s previous dividend of $3.71. ANTA Sports Products’s payout ratio is 37.10%.

About ANTA Sports Products

ANTA Sports Products Limited, together with its subsidiaries, engages in the research and development, design, manufacturing, and marketing of shoes, apparel, and accessories in the Mainland of China, Hong Kong, Macao, and internationally. The company's products portfolio includes running, cross-training, basketball, professional competition, training, physical education classes, outdoor sports, triathlon, golf, skiing, camping, hiking, urban outdoor, tennis, and other sports under the FILA, FILA KIDS, FILA FUSION, AMER, KOLON SPORT, ANTA, DESCENTE, and ANTA KIDS brands.