IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report)’s stock price was down 3.4% during mid-day trading on Tuesday . The company traded as low as $11.43 and last traded at $11.43. Approximately 1 shares traded hands during trading, a decline of 100% from the average daily volume of 994 shares. The stock had previously closed at $11.83.
IG Group Stock Performance
The stock has a 50-day simple moving average of $11.53 and a 200-day simple moving average of $10.52.
IG Group Increases Dividend
The company also recently announced a dividend, which will be paid on Thursday, October 24th. Shareholders of record on Friday, September 20th will be paid a $0.3995 dividend. The ex-dividend date of this dividend is Friday, September 20th. This is an increase from IG Group’s previous dividend of $0.15. IG Group’s payout ratio is 62.58%.
IG Group Company Profile
IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.
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