China Mengniu Dairy Company Limited (OTCMKTS:CIADY - Get Free Report) declared 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 of this dividend is Tuesday, June 17th. This is a 5.3% increase from China Mengniu Dairy's previous dividend of $0.61.
China Mengniu Dairy Stock Down 3.8%
OTCMKTS:CIADY traded down $0.85 during mid-day trading on Tuesday, reaching $21.32. The company's stock had a trading volume of 2,016 shares, compared to its average volume of 6,380. The stock has a fifty day moving average of $23.83 and a 200-day moving average of $22.69. The company has a quick ratio of 0.83, a current ratio of 0.99 and a debt-to-equity ratio of 0.47. China Mengniu Dairy has a 1 year low of $15.06 and a 1 year 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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