China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) announced a dividend on Saturday, June 14th, investing.com reports. Shareholders of record on Wednesday, June 18th will be paid a dividend of 0.6371 per share on Friday, July 11th. This represents a yield of 2.88%. The ex-dividend date is Tuesday, June 17th. This is a 5.3% increase from China Mengniu Dairy's previous dividend of $0.61.
China Mengniu Dairy Stock Performance
China Mengniu Dairy stock traded down $0.52 during trading hours on Friday, reaching $22.13. 2,232 shares of the company's stock were exchanged, compared to its average volume of 6,352. The firm's 50 day simple moving average is $23.83 and its 200 day simple moving average is $22.67. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.83 and a current ratio of 0.99. China Mengniu Dairy has a twelve month low of $15.06 and a twelve month high of $29.00.
About China Mengniu Dairy
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China Mengniu Dairy Company Limited, an investment holding company, engages in the manufacture and distribution of dairy products under the MENGNIU brand in the People's Republic of China and internationally. It operates through Liquid Milk Business, Ice Cream Business, Milk Formula Business, and Cheese Business, and Other segments.
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