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

Qurate Retail, Inc. (NASDAQ:QRTEP) declared a quarterly dividend on Wednesday, November 20th,Wall Street Journal reports. Shareholders of record on Monday, December 2nd will be given a dividend of 2.00 per share on Monday, December 16th. This represents a $8.00 dividend on an annualized basis and a yield of 20.06%. The ex-dividend date of this dividend is Monday, December 2nd.

Qurate Retail has raised its dividend payment by an average of 58.3% annually over the last three years.

Qurate Retail Price Performance

Shares of NASDAQ QRTEP traded up $0.66 during midday trading on Wednesday, reaching $39.88. The company’s stock had a trading volume of 42,738 shares, compared to its average volume of 47,691. Qurate Retail has a 12-month low of $31.01 and a 12-month high of $53.15. The firm has a 50 day moving average price of $40.74 and a 200-day moving average price of $42.15.

About Qurate Retail

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.