Shares of Informa plc (OTCMKTS:IFJPY – Get Free Report) dropped 5.5% on Wednesday . The company traded as low as $21.05 and last traded at $21.23. Approximately 1,715 shares changed hands during trading, a decline of 49% from the average daily volume of 3,350 shares. The stock had previously closed at $22.47.
Informa Trading Down 5.5 %
The firm has a 50-day moving average of $21.63 and a two-hundred day moving average of $21.34.
Informa Cuts Dividend
The business also recently declared a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 9th were given a $0.1448 dividend. The ex-dividend date of this dividend was Friday, August 9th. Informa’s dividend payout ratio (DPR) is 82.47%.
About Informa
Informa plc operates as an international events, digital services, and academic research company in the United Kingdom, Continental Europe, the United States, China, and internationally. It operates through four segments: Informa Markets, Informa Tech, Informa Connect, and Taylor & Francis. The Informa Connect segment delivers digital content, and live events and on-demand experiences for professionals through in-person, live, and online platforms that enables businesses and professionals to meet, network, discuss, and learn.
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