Shares of Schibsted ASA (OTCMKTS:SBSNY – Get Free Report) fell 3.1% on Wednesday . The stock traded as low as $29.50 and last traded at $29.50. 133 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 3,105 shares. The stock had previously closed at $30.45.
Schibsted ASA Stock Up 1.5 %
The firm’s 50 day moving average is $29.76 and its two-hundred day moving average is $30.13.
Schibsted ASA Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Monday, September 30th. Stockholders of record on Wednesday, September 4th will be paid a dividend of $0.5459 per share. The ex-dividend date of this dividend is Wednesday, September 4th. Schibsted ASA’s dividend payout ratio is currently 8.02%.
About Schibsted ASA
Schibsted ASA, together with its subsidiaries, operates as a media company. The company operates through Nordic Marketplaces, News Media, Delivery and Growth & Investments segments. It operates online classifieds that provide technology-based services to connect buyers and sellers, and facilitate transactions, including job offers, real estate, cars, travel, consumer goods, and others.
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