Lendlease Group (OTCMKTS:LLESY – Get Free Report) rose 0.9% on Friday . The stock traded as high as $3.99 and last traded at $3.99. Approximately 10 shares were traded during trading, a decline of 97% from the average daily volume of 394 shares. The stock had previously closed at $3.95.
Lendlease Group Stock Performance
The firm has a 50-day moving average price of $3.88 and a two-hundred day moving average price of $4.28.
Lendlease Group Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, March 24th. Stockholders of record on Friday, February 28th will be given a dividend of $0.0363 per share. The ex-dividend date of this dividend is Friday, February 28th. This is an increase from Lendlease Group’s previous dividend of $0.02. Lendlease Group’s payout ratio is currently 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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