Tate & Lyle plc (OTCMKTS:TATYY – Get Free Report) shares were up 4.8% during trading on Thursday . The stock traded as high as $34.18 and last traded at $34.18. Approximately 56,615 shares were traded during mid-day trading, an increase of 2,789% from the average daily volume of 1,960 shares. The stock had previously closed at $32.63.
Tate & Lyle Stock Up 4.8 %
The company’s fifty day simple moving average is $33.35 and its 200 day simple moving average is $32.16.
Tate & Lyle Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, August 7th. Shareholders of record on Friday, June 21st will be paid a dividend of $0.6051 per share. This is an increase from Tate & Lyle’s previous dividend of $0.27. The ex-dividend date of this dividend is Friday, June 21st.
About Tate & Lyle
Tate & Lyle PLC, together with its subsidiaries, provides ingredients and solutions to the food, beverage, and other industries in the United States, the United Kingdom, other European countries, and internationally. It operates through three segments: Food & Beverage Solutions, Sucralose, and Primary Products.
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