Kesko Oyj (OTCMKTS:KKOYY – Get Free Report)’s stock price shot up 1.2% on Friday . The stock traded as high as $10.41 and last traded at $10.37. 65,851 shares were traded during trading, an increase of 138% from the average session volume of 27,641 shares. The stock had previously closed at $10.25.
Kesko Oyj Price Performance
The firm’s fifty day moving average price is $10.68 and its 200-day moving average price is $11.30.
Kesko Oyj Increases Dividend
The company also recently disclosed a dividend, which was paid on Wednesday, November 5th. Shareholders of record on Wednesday, October 15th were issued a dividend of $0.0605 per share. The ex-dividend date of this dividend was Tuesday, October 14th. This is a positive change from Kesko Oyj’s previous dividend of $0.06. This represents a dividend yield of 221.0%. Kesko Oyj’s dividend payout ratio is 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.
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