Shares of MTN Group Limited (OTCMKTS:MTNOY – Get Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $6.24 and traded as low as $5.31. MTN Group shares last traded at $5.74, with a volume of 83,783 shares.
MTN Group Stock Performance
The firm’s 50 day simple moving average is $6.24 and its 200 day simple moving average is $5.41.
MTN Group Increases Dividend
The firm also recently declared a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Friday, April 11th will be paid a dividend of $0.1907 per share. The ex-dividend date of this dividend is Friday, April 11th. This is an increase from MTN Group’s previous dividend of $0.12.
MTN Group Company Profile
MTN Group Limited, together with its subsidiaries, provides mobile telecommunications services in South Africa, Nigeria, East Africa, West and Central Africa, and the Middle East and North Africa. The company offers data, voice and SMS, digital and fintech, interconnect, and roaming services, as well as sells mobile devices.
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