Standard Bank Group (OTCMKTS:SGBLY) Shares Down 0.5% – What’s Next?

Shares of Standard Bank Group Limited (OTCMKTS:SGBLY) fell 0.5% on Tuesday . The company traded as low as $14.08 and last traded at $14.19. 12,211 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 40,619 shares. The stock had previously closed at $14.26.

Standard Bank Group Stock Down 0.5%

The stock has a fifty day simple moving average of $13.44 and a two-hundred day simple moving average of $12.88.

Standard Bank Group Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, September 25th. Shareholders of record on Monday, September 15th will be issued a $0.3509 dividend. This represents a yield of 474.0%. The ex-dividend date is Friday, September 12th. Standard Bank Group’s payout ratio is presently 40.39%.

Standard Bank Group Company Profile

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.