RTL Group (OTCMKTS:RGLXY) Shares Down 3.6% – Should You Sell?

RTL Group S.A. (OTCMKTS:RGLXY) traded down 3.6% during mid-day trading on Tuesday . The company traded as low as $3.74 and last traded at $3.74. 1,279 shares changed hands during mid-day trading, a decline of 3% from the average session volume of 1,313 shares. The stock had previously closed at $3.88.

RTL Group Stock Down 3.6%

The business’s 50-day moving average price is $4.01 and its 200-day moving average price is $3.49.

RTL Group Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 21st. Stockholders of record on Tuesday, May 13th were given a $0.1783 dividend. This represents a dividend yield of 4.38%. The ex-dividend date of this dividend was Monday, May 12th. RTL Group’s dividend payout ratio (DPR) is 117.30%.

RTL Group Company Profile

RTL Group SA, an entertainment company, operates television (TV) channels and radio stations, and provides streaming services in Germany, France, the Netherlands, Belgium, the United Kingdom, the United States, and internationally. The RTL Deutschland segment operates TV, streaming, radio, digital, and publishing; owns TV channels, magazines, podcasts, and various digital offerings; and radio groups, including Antenne Bayern and Radio Hamburg.