Global Dividend Growth Split (TSE:GDV) Stock Price Down 3.7% – Here’s Why

Global Dividend Growth Split Corp. (TSE:GDVGet Free Report) shares fell 3.7% during mid-day trading on Monday . The company traded as low as C$10.40 and last traded at C$10.46. 92,565 shares traded hands during mid-day trading, an increase of 112% from the average session volume of 43,625 shares. The stock had previously closed at C$10.86.

Global Dividend Growth Split Stock Performance

The company has a market capitalization of C$171.02 million and a P/E ratio of 3.57. The company has a 50-day simple moving average of C$11.69 and a 200 day simple moving average of C$11.01.

Global Dividend Growth Split Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Friday, December 13th. Investors of record on Friday, December 13th were given a dividend of $0.10 per share. This represents a $1.20 dividend on an annualized basis and a yield of 11.01%. The ex-dividend date was Friday, November 29th. Global Dividend Growth Split’s dividend payout ratio (DPR) is currently 39.34%.

Global Dividend Growth Split Company Profile

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