Kesko Oyj (OTCMKTS:KKOYY) Shares Up 1.7% – Time to Buy?

Kesko Oyj (OTCMKTS:KKOYYGet Free Report)’s share price was up 1.7% on Thursday . The stock traded as high as $9.13 and last traded at $9.05. Approximately 42,015 shares changed hands during trading, an increase of 276% from the average daily volume of 11,181 shares. The stock had previously closed at $8.89.

Kesko Oyj Price Performance

The stock’s 50 day moving average is $9.65 and its two-hundred day moving average is $9.75.

Kesko Oyj Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, February 5th. Stockholders of record on Tuesday, January 14th will be paid a $0.1311 dividend. The ex-dividend date of this dividend is Tuesday, January 14th. This represents a $0.52 annualized dividend and a dividend yield of 5.82%. Kesko Oyj’s dividend payout ratio is currently 56.00%.

About Kesko Oyj

(Get Free Report)

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand.

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