IG Group Holdings plc (OTCMKTS:IGGHY – Get Free Report) shares fell 1.3% on Wednesday . The company traded as low as $13.14 and last traded at $13.14. 660 shares traded hands during trading, an increase of 74% from the average session volume of 380 shares. The stock had previously closed at $13.31.
IG Group Price Performance
The stock has a 50 day moving average of $12.16 and a 200 day moving average of $11.74.
IG Group Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, March 10th. Investors of record on Monday, February 3rd will be paid a $0.1708 dividend. The ex-dividend date of this dividend is Monday, February 3rd. IG Group’s dividend payout ratio (DPR) is presently 62.58%.
About IG Group
IG Group Holdings plc, a fintech company, engages in the online trading business worldwide. The company offers over the counter (OTC) derivatives, which include CFD (Contracts For Difference) that enable traders to take advantage of changes in an asset's price without owning the asset itself, as well as access to a range of risk-mitigation measures, including stops and limits, and negative-balance protection; and OTC FX and options, and spread bets, under IG and IG Prime brands.
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