Mr Price Group (OTCMKTS:MRPLY) Trading 4% Higher – Time to Buy?

Mr Price Group Limited (OTCMKTS:MRPLY)’s stock price traded up 4% during trading on Thursday . The company traded as high as $12.11 and last traded at $12.07. 3,850 shares were traded during trading, an increase of 394% from the average session volume of 779 shares. The stock had previously closed at $11.60.

Mr Price Group Trading Up 4.0%

The stock’s fifty day moving average price is $12.26 and its 200 day moving average price is $12.57.

Mr Price Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, July 17th. Stockholders of record on Friday, July 4th were issued a dividend of $0.2473 per share. The ex-dividend date was Thursday, July 3rd. This is a positive change from Mr Price Group’s previous dividend of $0.12. This represents a dividend yield of 293.0%. Mr Price Group’s dividend payout ratio is currently 44.80%.

Mr Price Group Company Profile

Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through Apparel, Homeware, Financial Services, and Telecoms segments. It offers clothing, cosmetics, babywear, school wear, footwear, underwear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women’s smart and casual fashion and intimate wear; and home textile and decor products for bedroom, living-room, bathroom, kitchen, and dining-room.