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Wilmar International (OTCMKTS:WLMIY) Shares Cross Above 50-Day Moving Average - Here's Why

Wilmar International logo with Basic Materials background

Wilmar International Limited (OTCMKTS:WLMIY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $24.14 and traded as high as $24.20. Wilmar International shares last traded at $23.86, with a volume of 14,825 shares trading hands.

Wilmar International Stock Performance

The firm has a fifty day moving average of $24.08 and a 200 day moving average of $23.51. The company has a quick ratio of 0.75, a current ratio of 1.17 and a debt-to-equity ratio of 0.33.

Wilmar International Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, May 30th. Shareholders of record on Thursday, May 1st will be issued a dividend of $0.6702 per share. This is a positive change from Wilmar International's previous dividend of $0.40. The ex-dividend date is Wednesday, April 30th. This represents a dividend yield of 4.57%.

About Wilmar International

(Get Free Report)

Wilmar International Limited operates as an agribusiness company in Singapore, South East Asia, the People's Republic of China, India, Europe, Australia/New Zealand, Africa, and internationally. The company operates through four segments: Food Products, Feed and Industrial Products, Plantation and Sugar Milling, and Others.

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