Forvia (OTCMKTS:FURCF) Shares Up 2.2%

Forvia SE (OTCMKTS:FURCF) shares shot up 2.2% during mid-day trading on Wednesday . The stock traded as high as $11.60 and last traded at $11.60. 2,004 shares traded hands during trading, an increase of 62% from the average session volume of 1,236 shares. The stock had previously closed at $11.35.

Forvia Stock Up 3.4 %

The stock has a fifty day moving average of $13.65 and a 200 day moving average of $15.27.

Forvia Announces Dividend

The business also recently announced an annual dividend, which was paid on Thursday, June 6th. Stockholders of record on Wednesday, June 5th were given a dividend of $0.50 per share. This represents a dividend yield of 3.12%. The ex-dividend date of this dividend was Monday, June 3rd. Forvia’s dividend payout ratio is currently 25.09%.

Forvia Company Profile

Forvia SE, together with its subsidiaries, manufactures and sells automotive technology solutions in France, Germany, other European countries, the Americas, Asia, and internationally. It operates through Seating, Clean Mobility, Electronics, Lighting, and Lifecycle Solutions segments. The Seating segment designs and manufactures vehicle seats, seating frames, and comfort solutions, as well as adjustment mechanisms.