PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Trading Down 4.3% – What’s Next?

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY)’s share price was down 4.3% during mid-day trading on Friday . The stock traded as low as $1.77 and last traded at $1.77. Approximately 522 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 24,640 shares. The stock had previously closed at $1.85.

PT Unilever Indonesia Tbk Stock Down 4.3%

The firm’s 50-day moving average price is $1.96 and its 200-day moving average price is $1.84.

PT Unilever Indonesia Tbk Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, July 17th. Stockholders of record on Wednesday, June 18th were given a $0.0347 dividend. This represents a dividend yield of 6.51%. The ex-dividend date was Tuesday, June 17th. PT Unilever Indonesia Tbk’s payout ratio is currently 73.15%.

About PT Unilever Indonesia Tbk

PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia. It offers soaps, detergents, dairy based foods, ice creams, savories, soy sauce, cosmetic products, tea-based beverages, and fruit juices. The company provides its products under the Axe, Bango, Buavita, Cif, Citra, Clear, Clear Men, Close Up, Cornetto, Dove, Feast, Feast, Glow & Lovely, Hellmann's, Jawara, Knorr, Lifebuoy, Lipton, Love Beauty & Planet, Lux, Magnum, Molto, Paddle Pop, Pepsodent, Pond's, Pond's Men, Populaire, Rexona, Rinso, Royco, SariWangi, Seru, Simple, St.