Shares of Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) fell 0.3% during trading on Wednesday . The stock traded as low as $8.95 and last traded at $9.44. 3,610 shares changed hands during trading, a decline of 92% from the average session volume of 46,288 shares. The stock had previously closed at $9.47.
Localiza Rent a Car Trading Down 0.3 %
The firm’s 50 day moving average is $10.48 and its 200 day moving average is $11.33.
Localiza Rent a Car Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, June 3rd. Investors of record on Monday, April 8th will be paid a dividend of $0.0576 per share. The ex-dividend date of this dividend is Friday, April 5th. This is a positive change from Localiza Rent a Car’s previous dividend of $0.01. Localiza Rent a Car’s dividend payout ratio is currently 13.86%.
Localiza Rent a Car Company Profile
Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.
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