Investec Group (OTCMKTS:ITCFY) Stock Price Down 2.5% – Here’s What Happened

Investec Group (OTCMKTS:ITCFYGet Free Report) traded down 2.5% during trading on Monday . The company traded as low as $16.28 and last traded at $16.28. 2 shares traded hands during trading, a decline of 99% from the average session volume of 167 shares. The stock had previously closed at $16.70.

Investec Group Trading Down 2.5 %

The firm’s fifty day simple moving average is $16.68 and its two-hundred day simple moving average is $16.13.

Investec Group Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, January 15th. Investors of record on Friday, December 13th will be paid a dividend of $0.42 per share. This is a boost from Investec Group’s previous dividend of $0.34. The ex-dividend date of this dividend is Friday, December 13th. Investec Group’s payout ratio is 6.32%.

Investec Group Company Profile

(Get Free Report)

Investec Group provides various financial products and services in the United Kingdom, South Africa, and internationally. The company offers wealth and investment products and services, including portfolio management, wealth management, fund management, and custody related services; discretionary wealth management, financial planning, stockbroking, and investment advisory services for private clients, charities, and trusts.

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