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Redeia Corporacion SA - Unsponsored ADR (OTCMKTS:RDEIY) Announces 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 paid a dividend of 0.2115 per share by the utilities provider on Wednesday, July 23rd. This represents a dividend yield of 2.57%. The ex-dividend date of this dividend is Monday, July 7th. This is a 100.8% increase from Redeia Corporacion's previous dividend of $0.11.

Redeia Corporacion Stock Performance

Shares of RDEIY stock opened at $10.69 on Tuesday. Redeia Corporacion has a twelve month low of $8.03 and a twelve month high of $11.50. The business has a fifty day simple moving average of $10.38 and a 200 day simple moving average of $9.52.

Wall Street Analyst Weigh In

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

Check Out Our Latest Analysis on Redeia Corporacion

About Redeia Corporacion

(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).

Further Reading

Dividend History for Redeia Corporacion (OTCMKTS:RDEIY)

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