Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) shares shot up 1.9% during mid-day trading on Monday . The company traded as high as $60.96 and last traded at $58.60. 110,916 shares traded hands during trading, an increase of 153% from the average session volume of 43,814 shares. The stock had previously closed at $57.50.
Mercedes-Benz Group Price Performance
The business has a 50 day simple moving average of $59.97 and a 200 day simple moving average of $58.95. The stock has a market cap of $63.61 billion, a PE ratio of 4.49 and a beta of 1.26.
Mercedes-Benz Group Increases Dividend
The company also recently disclosed a dividend, which was paid on Monday, May 12th. Investors of record on Monday, May 12th were issued a $4.30 dividend. The ex-dividend date was Friday, May 9th. This represents a yield of 8.07%. This is an increase 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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