Localiza Rent a Car (OTCMKTS:LZRFY) Trading 0.8% Higher – Here’s Why

Localiza Rent a Car S.A. (OTCMKTS:LZRFYGet Free Report) traded up 0.8% during trading on Tuesday . The stock traded as high as $7.51 and last traded at $7.51. 14,744 shares changed hands during trading, a decline of 69% from the average session volume of 47,685 shares. The stock had previously closed at $7.45.

Localiza Rent a Car Stock Performance

The firm has a 50 day moving average of $6.73 and a 200 day moving average of $6.08.

Localiza Rent a Car Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, April 3rd will be given a dividend of $0.0596 per share. This is a boost from Localiza Rent a Car’s previous dividend of $0.06. The ex-dividend date of this dividend is Thursday, April 3rd. Localiza Rent a Car’s payout ratio is presently 13.86%.

About Localiza Rent a Car

(Get Free Report)

Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.

Further Reading

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