Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report)'s share price rose 0.5% during mid-day trading on Monday . The company traded as high as $56.38 and last traded at $56.30. Approximately 56,554 shares traded hands during mid-day trading, an increase of 41% from the average daily volume of 40,133 shares. The stock had previously closed at $56.02.
Mercedes-Benz Group Trading Up 0.5%
The company has a 50 day simple moving average of $58.99 and a 200 day simple moving average of $59.29. The stock has a market cap of $60.23 billion, a P/E ratio of 4.25 and a beta of 1.26.
Mercedes-Benz Group Increases Dividend
The firm also recently disclosed a dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 12th were given a $4.30 dividend. This represents a dividend yield of 8.07%. The ex-dividend date of this dividend was Friday, May 9th. This is a positive change from Mercedes-Benz Group's previous dividend of $1.63.
Mercedes-Benz Group Company Profile
(
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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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