Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report)'s share price traded down 1.6% during trading on Monday . The stock traded as low as $58.16 and last traded at $58.86. 29,605 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 42,263 shares. The stock had previously closed at $59.80.
Mercedes-Benz Group Stock Up 0.2%
The stock has a 50 day moving average price of $58.38 and a 200 day moving average price of $59.02. The stock has a market capitalization of $62.70 billion, a price-to-earnings ratio of 4.42 and a beta of 1.26.
Mercedes-Benz Group Increases Dividend
The firm also recently announced a dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 12th were paid a dividend of $4.30 per share. The ex-dividend date was Friday, May 9th. This represents a yield of 8.07%. This is a boost from Mercedes-Benz Group's previous dividend of $1.63.
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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