Mercedes-Benz Group AG (OTCMKTS:MBGAF – Get Free Report)’s share price was down 2.2% during mid-day trading on Monday . The company traded as low as $60.23 and last traded at $60.63. Approximately 20,847 shares were traded during trading, a decline of 47% from the average daily volume of 39,147 shares. The stock had previously closed at $62.01.
Mercedes-Benz Group Stock Performance
The company’s fifty day simple moving average is $58.93 and its two-hundred day simple moving average is $59.55. The stock has a market capitalization of $64.86 billion, a PE ratio of 4.58 and a beta of 1.26.
Mercedes-Benz Group Increases Dividend
The company also recently declared a dividend, which was paid on Monday, May 12th. Shareholders of record on Monday, May 12th were paid a dividend of $4.30 per share. This is a boost from Mercedes-Benz Group’s previous dividend of $1.63. This represents a dividend yield of 8.07%. The ex-dividend date of this dividend was Friday, May 9th.
About Mercedes-Benz Group
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.
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