Kesko Oyj (OTCMKTS:KKOYY) Trading 0.2% Higher – Still a Buy?

Shares of Kesko Oyj (OTCMKTS:KKOYYGet Free Report) traded up 0.2% during trading on Friday . The stock traded as high as $9.02 and last traded at $9.02. 2,345 shares changed hands during mid-day trading, a decline of 69% from the average session volume of 7,482 shares. The stock had previously closed at $9.00.

Kesko Oyj Price Performance

The stock’s 50 day simple moving average is $9.45 and its two-hundred day simple moving average is $9.80.

Kesko Oyj Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Tuesday, January 14th were paid a $0.1311 dividend. The ex-dividend date of this dividend was Tuesday, January 14th. This represents a $0.52 annualized dividend and a yield of 5.81%. Kesko Oyj’s payout ratio is 56.00%.

Kesko Oyj Company Profile

(Get Free Report)

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand.

Further Reading

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