Grupo Bimbo, S.A.B. de C.V. (OTCMKTS:BMBOY – Get Free Report)’s share price rose 6% during mid-day trading on Thursday . The stock traded as high as $15.11 and last traded at $15.11. Approximately 890 shares traded hands during mid-day trading, an increase of 44% from the average daily volume of 620 shares. The stock had previously closed at $14.25.
Grupo Bimbo Stock Up 6.0 %
The firm has a fifty day simple moving average of $15.03 and a 200-day simple moving average of $16.92.
Grupo Bimbo Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, May 21st. Shareholders of record on Monday, May 13th were issued a $0.2011 dividend. This is an increase from Grupo Bimbo’s previous dividend of $0.15. The ex-dividend date was Friday, May 10th.
About Grupo Bimbo
Grupo Bimbo, SAB. de C.V., together with its subsidiaries, produces, distributes, and sells various bakery products. It offers sliced bread, buns and rolls, pastries, cakes, cookies, toast, English muffins, bagels, tortillas and flatbreads, and salty snacks. The company provides its products under various brands.
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