Redeia Corporación (OTCMKTS:RDEIY) Share Price Passes Above 50-Day Moving Average of $8.80

Redeia Corporación, S.A. (OTCMKTS:RDEIYGet Free Report)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $8.80 and traded as high as $9.24. Redeia Corporación shares last traded at $9.24, with a volume of 17,255 shares traded.

Redeia Corporación Trading Down 0.3 %

The company has a fifty day moving average of $8.80 and a 200-day moving average of $8.40.

Redeia Corporación Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, July 16th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.2784 per share. This is an increase from Redeia Corporación’s previous dividend of $0.10. The ex-dividend date is Friday, June 28th.

About Redeia Corporación

(Get Free Report)

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).

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