Localiza Rent a Car (OTCMKTS:LZRFY) Trading Down 0.5% – Here’s Why

Shares of Localiza Rent a Car S.A. (OTCMKTS:LZRFY) traded down 0.5% during trading on Thursday . The stock traded as low as $7.69 and last traded at $7.69. 13,748 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 35,388 shares. The stock had previously closed at $7.72.

Localiza Rent a Car Stock Down 0.5 %

The company’s 50 day moving average price is $7.53 and its 200 day moving average price is $8.10.

Localiza Rent a Car Increases Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 25th. Investors of record on Thursday, October 3rd will be given a $0.0619 dividend. The ex-dividend date of this dividend is Thursday, October 3rd. This is an increase from Localiza Rent a Car’s previous dividend of $0.02. Localiza Rent a Car’s dividend payout ratio (DPR) is presently 13.86%.

Localiza Rent a Car Company Profile

Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.