Lendlease Group (OTCMKTS:LLESY – Get Free Report)’s stock price dropped 5.2% on Friday . The company traded as low as $3.81 and last traded at $3.81. Approximately 1,274 shares changed hands during trading, a decline of 44% from the average daily volume of 2,263 shares. The stock had previously closed at $4.02.
Lendlease Group Stock Performance
The business’s 50 day simple moving average is $4.24 and its 200-day simple moving average is $4.39.
Lendlease Group Increases Dividend
The company also recently announced a dividend, which was paid on Monday, March 25th. Shareholders of record on Friday, March 1st were paid a dividend of $0.0319 per share. This is a positive change from Lendlease Group’s previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, February 29th. Lendlease Group’s payout ratio is presently 4.64%.
About Lendlease Group
Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Development, Construction, and Investments segments. The Development segment develops inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets, and social and economic infrastructure.
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