Weg S.A. (OTCMKTS:WEGZY) to Issue Dividend Increase – $0.01 Per Share

Weg S.A. (OTCMKTS:WEGZY) declared a dividend on Thursday, September 26th, NASDAQ reports. Shareholders of record on Monday, October 7th will be given a dividend of 0.0084 per share on Wednesday, March 19th. The ex-dividend date of this dividend is Monday, October 7th. This is a boost from WEG’s previous dividend of $0.0074643.

WEG Price Performance

WEGZY stock opened at $10.22 on Friday. WEG has a 52 week low of $5.93 and a 52 week high of $10.36. The firm has a 50-day simple moving average of $9.35 and a 200-day simple moving average of $8.22.

About WEG

WEG SA engages in the production and sale of capital goods in Brazil and internationally. The company offers electric motors, generators, and transformers; gear units and geared motors; hydraulic and steam turbines; frequency converters; motor starters and maneuver devices; control and protection of electric circuits for industrial automation; power sockets and switches; and electric traction solutions for heavy vehicles, SUV vehicles, locomotives, and sea transportation capital goods.