Qurate Retail, Inc. (NASDAQ:QRTEP) to Issue Quarterly Dividend of $2.00

Qurate Retail, Inc. (NASDAQ:QRTEP) announced a quarterly dividend on Sunday, September 1st, Wall Street Journal reports. Investors of record on Tuesday, September 3rd will be paid a dividend of 2.00 per share on Monday, September 16th. This represents a $8.00 dividend on an annualized basis and a dividend yield of 18.42%. The ex-dividend date of this dividend is Tuesday, September 3rd.

Qurate Retail has increased its dividend by an average of 58.3% per year over the last three years.

Qurate Retail Stock Performance

Shares of NASDAQ QRTEP opened at $43.42 on Monday. The stock’s 50-day simple moving average is $40.14 and its two-hundred day simple moving average is $45.05. Qurate Retail has a twelve month low of $18.33 and a twelve month high of $53.15.

Qurate Retail Company Profile

Qurate Retail, Inc, together with its subsidiaries, engages in the video and online commerce industries in North America, Europe, and Asia. The company markets and sells various consumer products primarily through merchandise-focused televised shopping programs, Internet, and mobile applications. It also operates as an online retailer offering women's, children's, and men's apparel; and other products, such as home, accessories, and beauty products through its app, mobile, and desktop applications.