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Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY) Declares Dividend of $0.21

Redeia Corporacion logo with Energy background

Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY - Get Free Report) announced a dividend on Tuesday, July 1st, investing.com reports. Investors of record on Tuesday, July 8th will be given a dividend of 0.2115 per share by the utilities provider on Wednesday, July 23rd. This represents a yield of 2.57%. The ex-dividend date is Monday, July 7th. This is a 100.8% increase from Redeia Corporacion's previous dividend of $0.11.

Redeia Corporacion Trading Up 1.7%

Redeia Corporacion stock traded up $0.18 during trading hours on Friday, hitting $10.77. The stock had a trading volume of 11,533 shares, compared to its average volume of 35,705. Redeia Corporacion has a fifty-two week low of $8.03 and a fifty-two week high of $11.50. The company has a 50-day moving average of $10.37 and a two-hundred day moving average of $9.57.

Analyst Ratings Changes

Separately, BNP Paribas lowered Redeia Corporacion from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 6th.

Check Out Our Latest Research Report on RDEIY

Redeia Corporacion Company Profile

(Get Free Report)

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).

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Dividend History for Redeia Corporacion (OTCMKTS:RDEIY)

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