Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) announced a dividend on Saturday, May 3rd, investing.com reports. Stockholders of record on Monday, May 12th will be given a dividend of 4.30 per share on Monday, May 12th. This represents a dividend yield of 8.07%. The ex-dividend date of this dividend is Friday, May 9th. This is a 163.5% increase from Mercedes-Benz Group's previous dividend of $1.63.
Mercedes-Benz Group Trading Down 0.2 %
Mercedes-Benz Group stock traded down $0.14 during mid-day trading on Friday, hitting $60.22. The company had a trading volume of 43,005 shares, compared to its average volume of 41,999. The company has a market capitalization of $64.43 billion, a PE ratio of 4.54 and a beta of 1.26. Mercedes-Benz Group has a 12 month low of $51.00 and a 12 month high of $79.76. The stock's 50 day moving average price is $60.55 and its two-hundred day moving average price is $59.06.
About Mercedes-Benz Group
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Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.
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