PT United Tractors Tbk (OTCMKTS:PUTKY) Trading 1.4% Higher – What’s Next?

PT United Tractors Tbk (OTCMKTS:PUTKY)’s stock price traded up 1.4% during mid-day trading on Monday . The stock traded as high as $27.90 and last traded at $27.06. 22,178 shares changed hands during trading, an increase of 27% from the average session volume of 17,478 shares. The stock had previously closed at $26.68.

PT United Tractors Tbk Trading Up 1.4%

The firm has a fifty day simple moving average of $26.67 and a 200-day simple moving average of $30.16.

PT United Tractors Tbk Increases Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, June 12th. Shareholders of record on Monday, May 12th will be issued a dividend of $1.2834 per share. This is an increase from PT United Tractors Tbk’s previous dividend of $0.66. The ex-dividend date of this dividend is Friday, May 9th. This represents a yield of 6.97%. PT United Tractors Tbk’s dividend payout ratio is currently 0.01%.

PT United Tractors Tbk Company Profile

PT United Tractors Tbk, together with its subsidiaries, sells and rents heavy equipment in Indonesia. The company operates through six segments: Construction Machinery, Mining Contracting, Coal Mining, Gold and Other Mineral Mining, Construction Industry, and Energy. It also distributes heavy equipment, trucks, cranes, and busses under the Komatsu, UD Trucks, Scania, Bomag, Tadano, and United Tractors names to mining, agriculture, constructions, forestry, as well as material handling and transportation.