Shares of Geberit AG (OTCMKTS:GBERY – Get Free Report) were up 0.2% during mid-day trading on Wednesday . The stock traded as high as $53.92 and last traded at $53.50. Approximately 2,029 shares changed hands during trading, a decline of 64% from the average daily volume of 5,597 shares. The stock had previously closed at $53.36.
Geberit Trading Up 0.2 %
The company’s fifty day moving average price is $57.54 and its 200-day moving average price is $56.70.
Geberit Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 8th. Stockholders of record on Monday, April 22nd will be issued a dividend of $0.8645 per share. This is a positive change from Geberit’s previous dividend of $0.84. The ex-dividend date is Friday, April 19th. Geberit’s dividend payout ratio (DPR) is presently 35.40%.
About Geberit
Geberit AG develops, produces, and distributes sanitary products and systems for the residential and commercial construction industry in Switzerland and internationally. The company offers installation and flushing systems, such as installation technology and flushing systems for toilets, including cisterns and fittings; and piping systems consisting of building drainage and supply systems, as well as piping technology for use in buildings for drinking water, heating, gas, and other media.
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