Acorn International, Inc. (NYSE:ATV) Plans Quarterly Dividend of $0.23

Acorn International, Inc. (NYSE:ATV) declared a quarterly dividend on Friday, November 29th, Zacks reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.23 per share on Friday, December 20th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend is Thursday, December 12th.

ATV traded up $0.57 on Tuesday, hitting $18.44. 1,013 shares of the company’s stock traded hands, compared to its average volume of 2,937. The company’s 50 day simple moving average is $17.76 and its 200-day simple moving average is $19.09. Acorn International has a one year low of $15.64 and a one year high of $33.63.

About Acorn International

Acorn International, Inc, an integrated multi-platform marketing company, develops, promotes, and sells products in the People's Republic of China. It operates through two segments, Integrated Direct Sales and Nationwide Distribution Network. The company, through its direct sales business platform, markets and sells products directly to consumers through its outbound marketing platform and Internet sales platform.

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