Localiza Rent a Car (OTCMKTS:LZRFY) Shares Down 0.3% – Here’s What Happened

Shares of Localiza Rent a Car S.A. (OTCMKTS:LZRFYGet Free Report) traded down 0.3% during trading on Monday . The stock traded as low as $8.3860 and last traded at $8.4180. 1,045 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 25,640 shares. The stock had previously closed at $8.4450.

Localiza Rent a Car Stock Down 0.3%

The firm’s 50 day simple moving average is $7.52 and its 200 day simple moving average is $7.19.

Localiza Rent a Car Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, November 28th. Shareholders of record on Monday, October 6th were given a dividend of $0.0821 per share. This represents a dividend yield of 353.0%. This is a boost from Localiza Rent a Car’s previous dividend of $0.08. The ex-dividend date was Friday, October 3rd. Localiza Rent a Car’s dividend payout ratio (DPR) is presently 13.86%.

Localiza Rent a Car Company Profile

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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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