Standard Bank Group (OTCMKTS:SGBLY) Stock Price Down 0.4% – Should You Sell?

Standard Bank Group Limited (OTCMKTS:SGBLY) fell 0.4% during trading on Monday . The company traded as low as $12.90 and last traded at $13.07. 47,782 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 44,278 shares. The stock had previously closed at $13.12.

Standard Bank Group Stock Down 0.4%

The business has a fifty day moving average of $12.41 and a 200 day moving average of $12.37.

Standard Bank Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 24th. Shareholders of record on Friday, April 11th were paid a $0.315 dividend. This is a boost from Standard Bank Group’s previous dividend of $0.31. The ex-dividend date was Friday, April 11th. Standard Bank Group’s payout ratio is presently 40.39%.

About Standard Bank Group

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services.