Absa Group (OTCMKTS:AGRPY) Share Price Crosses Above 50 Day Moving Average of $18.25

Absa Group Limited (OTCMKTS:AGRPY) shares passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $18.25 and traded as high as $20.47. Absa Group shares last traded at $20.47, with a volume of 136 shares trading hands.

Absa Group Trading Up 3.3 %

The company’s 50 day moving average price is $18.25 and its 200-day moving average price is $17.15.

Absa Group Increases Dividend

The company also recently declared a dividend, which will be paid on Thursday, September 26th. Shareholders of record on Friday, September 13th will be paid a dividend of $0.5992 per share. The ex-dividend date of this dividend is Friday, September 13th. This is a positive change from Absa Group’s previous dividend of $0.57. Absa Group’s dividend payout ratio is currently 46.51%.

Absa Group Company Profile

Absa Group Limited, together with its subsidiaries, provides retail, business, corporate, investment banking, insurance, financial, and wealth management products and services in South Africa and internationally. It offers retail and business banking products and services; life and non-life insurance products; residential property-related finance solutions; mortgages; vehicle and asset finance products and services; cash, debit, credit and prepaid cards; personal loans; corporate, relationship and transactional banking services; mobile payments; and savings and investment products and services.