Shares of Mercedes-Benz Group AG (OTCMKTS:MBGAF - Get Free Report) dropped 2.2% during mid-day trading on Monday . The stock traded as low as $60.23 and last traded at $60.63. Approximately 20,847 shares were traded during trading, a decline of 47% from the average daily volume of 39,147 shares. The stock had previously closed at $62.01.
Mercedes-Benz Group Stock Performance
The stock has a market capitalization of $64.56 billion, a P/E ratio of 4.55 and a beta of 1.26. The stock has a 50 day moving average of $58.89 and a 200 day moving average of $59.56.
Mercedes-Benz Group Increases Dividend
The business also recently disclosed 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. This is an increase from Mercedes-Benz Group's previous dividend of $1.63. This represents a yield of 8.07%. The ex-dividend date of this dividend was Friday, May 9th.
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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