Lenovo Group Limited (OTCMKTS:LNVGF – Get Free Report)’s share price was up 7.2% on Monday . The stock traded as high as $1.28 and last traded at $1.26. Approximately 6,822 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 152,875 shares. The stock had previously closed at $1.18.
Lenovo Group Trading Up 7.2 %
The company’s 50-day moving average price is $1.22 and its 200 day moving average price is $1.26.
Lenovo Group Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 28th were given a dividend of $0.085 per share. This represents a dividend yield of 4.07%. The ex-dividend date was Wednesday, November 27th. Lenovo Group’s dividend payout ratio is presently 36.14%.
Lenovo Group Company Profile
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
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