Shares of Shoprite Holdings Ltd (OTCMKTS:SRGHY – Get Free Report) rose 0.3% on Friday . The stock traded as high as $16.58 and last traded at $16.27. Approximately 4,242 shares were traded during trading, a decline of 4% from the average daily volume of 4,426 shares. The stock had previously closed at $16.21.
Shoprite Price Performance
The company has a 50-day simple moving average of $16.79 and a two-hundred day simple moving average of $16.40.
Shoprite Increases Dividend
The company also recently disclosed a dividend, which was paid on Thursday, October 10th. Stockholders of record on Monday, September 30th were paid a dividend of $0.1787 per share. This represents a dividend yield of 1.61%. This is an increase from Shoprite’s previous dividend of $0.10. The ex-dividend date was Friday, September 27th. Shoprite’s dividend payout ratio is 60.55%.
Shoprite Company Profile
Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetics, and liquor products; furniture and home entertainment products; and electrical and household appliances.
See Also
- Five stocks we like better than Shoprite
- Investing in Commodities: What Are They? How to Invest in Them
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- EV Stocks and How to Profit from Them
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- Election Stocks: How Elections Affect the Stock Market
- 2 Underrated Quantum Computing Companies Starting to Rally
Receive News & Ratings for Shoprite Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shoprite and related companies with MarketBeat.com's FREE daily email newsletter.
