Standard Bank Group (OTCMKTS:SGBLY) Shares Up 1.7% – What’s Next?

Standard Bank Group Limited (OTCMKTS:SGBLY)’s stock price shot up 1.7% during trading on Thursday . The company traded as high as $12.10 and last traded at $12.01. 53,926 shares changed hands during mid-day trading, an increase of 8% from the average session volume of 49,807 shares. The stock had previously closed at $11.81.

Standard Bank Group Price Performance

The stock’s 50 day moving average price is $12.24 and its two-hundred day moving average price is $12.61.

Standard Bank Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 24th. Stockholders of record on Friday, April 11th will be given a $0.315 dividend. This is an increase from Standard Bank Group’s previous dividend of $0.31. The ex-dividend date of this dividend is Friday, April 11th. Standard Bank Group’s dividend payout ratio (DPR) is currently 40.39%.

Standard Bank Group Company Profile

Standard Bank Group Limited provides banking and financial products and services in South Africa and internationally. It offers transactional accounts and digital banking platforms; personal and business lending solutions to enhance cash flow; finance for buying, building, and maintaining home; foreign exchange services; trusts and third-party administration accounts; workplace solutions, such as payroll and HR, financial planning, and employer value banking; merchant solutions, including point-of-sale, ecommerce, digital payments, payment processing, and small business support; and cash management services.