Lendlease Group (OTCMKTS:LLESY – Get Free Report) shares were up 2.8% during trading on Friday . The stock traded as high as $3.82 and last traded at $3.82. Approximately 550 shares were traded during mid-day trading, an increase of 39% from the average daily volume of 397 shares. The stock had previously closed at $3.71.
Lendlease Group Stock Performance
The firm has a 50 day simple moving average of $3.90 and a two-hundred day simple moving average of $4.22.
Lendlease Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, March 24th. Investors of record on Friday, February 28th will be issued a $0.0363 dividend. The ex-dividend date is Friday, February 28th. This is an increase from Lendlease Group’s previous dividend of $0.02. Lendlease Group’s dividend payout ratio is presently 3.32%.
About Lendlease Group
Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Development, Construction, and Investments segments. The Development segment develops inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets, and social and economic infrastructure.
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