Informa (OTCMKTS:IFJPY) Shares Down 0.8% – Should You Sell?

Informa plc (OTCMKTS:IFJPY)’s stock price dropped 0.8% during trading on Friday . The company traded as low as $24.82 and last traded at $25.21. Approximately 36,854 shares traded hands during mid-day trading, an increase of 213% from the average daily volume of 11,783 shares. The stock had previously closed at $25.40.

Informa Price Performance

The business has a 50-day moving average of $24.62 and a 200 day moving average of $22.34.

Informa Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, September 29th. Investors of record on Monday, August 11th were given a $0.1504 dividend. This represents a dividend yield of 202.0%. The ex-dividend date was Friday, August 8th. Informa’s payout ratio is currently 82.47%.

About Informa

Informa plc operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, the United States, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers digital content, and live events and on-demand experiences for professionals through in-person, live, and online platforms that enables businesses and professionals to meet, network, discuss, and learn.