The share price of ) was down by 0.3% at midday on Tuesday. The company traded from as low as $11.20 to as high as $11.29. Mid-day trading saw approximately 5,980 share change hands, which is a 41% decrease from the daily average of 10,215. The stock closed previously at $11.32.
Nedbank Group trading down 0.3 %
Recently, the company announced that it will pay a dividend on Thursday, 27th April. Investors who hold shares as of Friday, April 14, will receive a $0.3567 dividend per share. This dividend will be paid on Friday, April 14th. This dividend yields 6.2%. The payout ratio of Nedbank Group is 46.99%.
Nedbank Group Ltd., a bank holding, provides financial services via its banking subsidiary Nedbank Ltd. It is divided into the following segments: Corporate and investment Banking, Retail and Business Banking and Wealth, Centre and Africa Regions. Corporate and Investment Banking offers a range of solutions in transactional, corporate and investment banking.
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