Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report)'s share price traded up 0.5% during mid-day trading on Monday . The company traded as high as $56.38 and last traded at $56.30. 56,554 shares traded hands during trading, an increase of 41% from the average session volume of 40,133 shares. The stock had previously closed at $56.02.
Mercedes-Benz Group Stock Performance
The stock has a market capitalization of $60.59 billion, a price-to-earnings ratio of 4.27 and a beta of 1.26. The business's 50 day simple moving average is $59.00 and its 200-day simple moving average is $59.25.
Mercedes-Benz Group Increases Dividend
The firm also recently declared a dividend, which was paid on Monday, May 12th. Stockholders of record on Monday, May 12th were paid a $4.30 dividend. This is a boost from Mercedes-Benz Group's previous dividend of $1.63. The ex-dividend date was Friday, May 9th. This represents a dividend yield of 8.07%.
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.
Further Reading
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