Groupe Bruxelles Lambert (OTCMKTS:GBLBY) Trading Down 5% – Here’s What Happened

Groupe Bruxelles Lambert SA (OTCMKTS:GBLBY)’s stock price fell 5% during mid-day trading on Thursday . The stock traded as low as $8.15 and last traded at $8.15. 1,808 shares traded hands during trading, an increase of 31% from the average session volume of 1,380 shares. The stock had previously closed at $8.58.

Groupe Bruxelles Lambert Stock Down 5.0%

The stock has a fifty day moving average price of $8.41 and a 200-day moving average price of $7.78.

Groupe Bruxelles Lambert Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 20th were given a $0.3456 dividend. This represents a dividend yield of 4.05%. This is a positive change from Groupe Bruxelles Lambert’s previous dividend of $0.16. The ex-dividend date was Monday, May 19th.

Groupe Bruxelles Lambert Company Profile

Groupe Bruxelles Lambert SA invests in a portfolio of industrial, consumer goods, and business service companies operating in various sectors in Belgium, other European countries, North America, and internationally. The company operates through seven segments: Holding, Imerys, Webhelp, Canyon, Affidea, Sanoptis, and GBL Capital and Sienna Investment Managers.