MTN Group Limited (OTCMKTS:MTNOY – Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $6.87 and last traded at $6.80, with a volume of 56174 shares. The stock had previously closed at $6.38.
MTN Group Stock Up 6.6 %
The firm’s 50 day simple moving average is $6.12 and its 200 day simple moving average is $5.32.
MTN Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Thursday, April 24th. Shareholders of record on Friday, April 11th will be given a dividend of $0.1907 per share. The ex-dividend date of this dividend is Friday, April 11th. This is a positive change from MTN Group’s previous dividend of $0.12.
About MTN Group
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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