Kesko Oyj (OTCMKTS:KKOYY) Trading 0.4% Higher – Still a Buy?

Kesko Oyj (OTCMKTS:KKOYY) traded up 0.4% on Tuesday . The stock traded as high as $10.90 and last traded at $10.90. 28,218 shares were traded during mid-day trading, an increase of 38% from the average session volume of 20,412 shares. The stock had previously closed at $10.86.

Kesko Oyj Trading Up 0.4%

The firm has a 50-day simple moving average of $11.31 and a two-hundred day simple moving average of $11.29.

Kesko Oyj Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, August 6th. Shareholders of record on Wednesday, July 16th were given a dividend of $0.057 per share. The ex-dividend date of this dividend was Tuesday, July 15th. This represents a yield of 189.0%. Kesko Oyj’s dividend payout ratio (DPR) is presently 56.00%.

About Kesko Oyj

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand.