Localiza Rent a Car (OTCMKTS:LZRFY) Shares Down 0.5% – Here’s What Happened

Localiza Rent a Car S.A. (OTCMKTS:LZRFY)’s share price was down 0.5% on Thursday . The stock traded as low as $7.69 and last traded at $7.69. Approximately 13,748 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 35,388 shares. The stock had previously closed at $7.72.

Localiza Rent a Car Price Performance

The company has a fifty day moving average price of $7.54 and a two-hundred day moving average price of $8.08.

Localiza Rent a Car Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, November 25th. Stockholders of record on Thursday, October 3rd will be issued a $0.0619 dividend. This is an increase from Localiza Rent a Car’s previous dividend of $0.02. The ex-dividend date is Thursday, October 3rd. Localiza Rent a Car’s payout ratio is presently 13.86%.

Localiza Rent a Car Company Profile

Localiza Rent a Car SA engages in car and fleet rental business. The company is also involved in granting franchises; sale of decommissioned and used cars; provision of sundry automotive, and travel and tourism services; and managing claims for insurance companies, as well as provision of tracking and telemetry services.