Airtel Africa Plc (OTC:AAFRF – Get Free Report) shares were up 9.1% during mid-day trading on Tuesday . The company traded as high as C$1.27 and last traded at C$1.27. Approximately 38,910 shares changed hands during trading, an increase of 201% from the average daily volume of 12,922 shares. The stock had previously closed at C$1.16.
Airtel Africa Price Performance
The stock has a 50 day moving average of C$1.42 and a 200 day moving average of C$1.46.
Airtel Africa Cuts Dividend
The company also recently disclosed a dividend, which will be paid on Friday, December 13th. Stockholders of record on Friday, November 8th will be given a dividend of $0.026 per share. The ex-dividend date is Friday, November 8th.
About Airtel Africa
Airtel Africa Plc, together with its subsidiaries, provides telecommunications and mobile money services in Nigeria, East Africa, and Francophone Africa. It offers prepaid and postpaid wireless voice, international roaming, and fixed line telephone services; data communication services, including 2G, 3G, and 4G; and mobile money services, such as digital wallet payments systems, microloans, savings, and international money transfers.
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