Prysmian S.p.A. (OTCMKTS:PRYMY) to Issue Dividend Increase – $0.24 Per Share

Prysmian S.p.A. (OTCMKTS:PRYMY) announced a dividend on Wednesday, April 16th, investing.com reports. Stockholders of record on Thursday, April 24th will be given a dividend of 0.2385 per share on Thursday, May 8th. This represents a dividend yield of 0.92%. The ex-dividend date of this dividend is Wednesday, April 23rd. This is a 5.8% increase from Prysmian’s previous dividend of $0.23.

Prysmian Stock Performance

OTCMKTS PRYMY opened at $25.74 on Friday. The stock’s 50 day simple moving average is $29.64 and its 200 day simple moving average is $32.48. Prysmian has a one year low of $21.62 and a one year high of $38.06.

About Prysmian

Prysmian S.p.A., together with its subsidiaries, produces, distributes, and sells power and telecom cables and systems, and related accessories under the Prysmian, Draka, and General Cable brands worldwide. It operates through four segments: Renewable Transmission, Power Grid, Electrification, and Digital Solutions.