Lendlease Group (OTCMKTS:LLESY) Trading Down 1.8% – Here’s What Happened

Lendlease Group (OTCMKTS:LLESY)’s stock price fell 1.8% during trading on Friday . The stock traded as low as $3.30 and last traded at $3.33. 2,001 shares were traded during trading, an increase of 181% from the average session volume of 713 shares. The stock had previously closed at $3.39.

Lendlease Group Stock Down 1.8 %

The stock’s fifty day simple moving average is $3.80 and its two-hundred day simple moving average is $4.11.

Lendlease Group Increases Dividend

The business also recently declared a dividend, which was paid on Monday, March 24th. Investors of record on Friday, February 28th were paid a $0.0363 dividend. The ex-dividend date of this dividend was Friday, February 28th. This is an increase from Lendlease Group’s previous dividend of $0.02. Lendlease Group’s dividend payout ratio is presently 3.32%.

Lendlease Group Company Profile

Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Development, Construction, and Investments segments. The Development segment develops inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets, and social and economic infrastructure.