ASX Limited (OTCMKTS:ASXFY – Get Free Report) shares fell 2.9% on Friday . The stock traded as low as $42.35 and last traded at $42.40. 7,264 shares changed hands during mid-day trading, a decline of 72% from the average session volume of 25,884 shares. The stock had previously closed at $43.66.
ASX Stock Performance
The company has a 50-day moving average of $40.52 and a 200-day moving average of $42.34.
ASX Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, April 4th. Shareholders of record on Monday, February 24th will be issued a dividend of $0.697 per share. The ex-dividend date is Monday, February 24th. This is a boost from ASX’s previous dividend of $0.66. ASX’s dividend payout ratio is 83.79%.
About ASX
ASX Limited operates as a multi-asset class and integrated exchange company in Australia and internationally. The company provides education programs, research and insights, investor access and peer group networking; distribution facility for quoted exchange traded funds (ETFs) and debt securities. It is also involved in the trading of futures and options on interest rate, equity index, agricultural and energy products, and options over individual securities; cash market trading of equities, warrants, exchange-traded funds, and debt securities; and clearing of exchange-traded derivatives and over-the-counter interest rate and equity derivatives.
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