Sodexo (OTCMKTS:SDXOF) Trading Up 3.4% – Here’s Why

Sodexo S.A. (OTCMKTS:SDXOF)’s stock price traded up 3.4% during trading on Friday . The company traded as high as $82.77 and last traded at $82.77. 102 shares were traded during trading, a decline of 89% from the average session volume of 960 shares. The stock had previously closed at $80.08.

Sodexo Stock Up 3.4 %

The firm’s 50 day simple moving average is $91.72 and its two-hundred day simple moving average is $88.88.

Sodexo Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, August 29th. Stockholders of record on Wednesday, August 28th were given a $6.24 dividend. This is an increase from Sodexo’s previous dividend of $2.00. The ex-dividend date of this dividend was Tuesday, August 27th. Sodexo’s payout ratio is presently 50.78%.

About Sodexo

Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.