Nedbank Group (OTCMKTS:NDBKY) Stock Price Passes Below 50 Day Moving Average of $11.96

Shares of Nedbank Group Limited (OTCMKTS:NDBKY) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $11.96 and traded as low as $11.21. Nedbank Group shares last traded at $11.24, with a volume of 6,390 shares traded.

Nedbank Group Trading Down 0.4 %

The stock’s 50-day moving average is $11.96 and its 200-day moving average is $11.46.

Nedbank Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Thursday, April 25th. Investors of record on Friday, April 12th will be given a dividend of $0.4203 per share. This is a boost from Nedbank Group’s previous dividend of $0.34. The ex-dividend date of this dividend is Thursday, April 11th. Nedbank Group’s dividend payout ratio is currently 54.82%.

Nedbank Group Company Profile

Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including bank accounts; advisory, management, and stockbroking investment services; personal, home, and student loans; overdrafts, vehicle and solar finance, short-term loans, and credit cards; life, funeral, short term, credit, travel, and business insurance; and share trading, financial planning, retirement planning, will drafting, estate planning, and will and trust services, as well as private wealth solutions.