Lenovo Group Limited (OTCMKTS:LNVGF – Get Free Report)’s stock price was up 4% on Friday . The stock traded as high as $1.17 and last traded at $1.17. Approximately 211,410 shares traded hands during trading, an increase of 261% from the average daily volume of 58,549 shares. The stock had previously closed at $1.12.
Lenovo Group Price Performance
The business has a 50-day moving average of $1.27 and a 200-day moving average of $1.30.
Lenovo Group Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 28th were issued a $0.085 dividend. The ex-dividend date was Wednesday, November 27th. This represents a dividend yield of 4.07%. Lenovo Group’s dividend payout ratio (DPR) is presently 36.14%.
About Lenovo Group
Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.
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