Qurate Retail, Inc. (NASDAQ:QRTEP) Announces $2.00 Quarterly Dividend

Qurate Retail, Inc. (NASDAQ:QRTEP) announced a quarterly dividend on Wednesday, November 20th,Wall Street Journal reports. Stockholders of record on Monday, December 2nd will be paid a dividend of 2.00 per share on Monday, December 16th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 20.06%. The ex-dividend date is Monday, December 2nd.

Qurate Retail has increased its dividend by an average of 58.3% annually over the last three years.

Qurate Retail Price Performance

Shares of NASDAQ:QRTEP traded up $0.66 during midday trading on Wednesday, reaching $39.88. The company had a trading volume of 42,738 shares, compared to its average volume of 47,691. Qurate Retail has a 1-year low of $31.01 and a 1-year high of $53.15. The business’s 50 day moving average price is $40.74 and its 200 day moving average price is $42.15.

About Qurate Retail

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.