Kesko Oyj (OTCMKTS:KKOYY) Shares Up 1.2% – Here’s What Happened

Kesko Oyj (OTCMKTS:KKOYYGet Free Report)’s share price was up 1.2% during trading on Friday . The company traded as high as $10.41 and last traded at $10.37. Approximately 65,851 shares traded hands during trading, an increase of 138% from the average daily volume of 27,641 shares. The stock had previously closed at $10.25.

Kesko Oyj Stock Performance

The stock has a 50-day moving average of $10.68 and a 200 day moving average of $11.30.

Kesko Oyj Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, November 5th. Stockholders of record on Wednesday, October 15th were issued a dividend of $0.0605 per share. The ex-dividend date was Tuesday, October 14th. This represents a dividend yield of 221.0%. This is a boost from Kesko Oyj’s previous dividend of $0.06. Kesko Oyj’s payout ratio is presently 56.00%.

Kesko Oyj Company Profile

(Get Free Report)

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.

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