Grupo Bimbo (OTCMKTS:BMBOY) Trading Down 0.2% – Here’s Why

Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOYGet Free Report) shares dropped 0.2% on Thursday . The company traded as low as $10.81 and last traded at $10.93. Approximately 1,834 shares changed hands during mid-day trading, an increase of 92% from the average daily volume of 955 shares. The stock had previously closed at $10.95.

Grupo Bimbo Stock Down 0.2%

The business’s 50-day moving average price is $11.65 and its 200-day moving average price is $11.14.

Grupo Bimbo Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, May 21st. Shareholders of record on Wednesday, May 14th were paid a $0.184 dividend. The ex-dividend date was Tuesday, May 13th. This represents a yield of 1.6%.

Grupo Bimbo Company Profile

(Get Free Report)

Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.

Further Reading

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