Mercedes-Benz Group AG (OTCMKTS:MBGYY – Get Free Report) declared a dividend on Tuesday, April 9th, NASDAQ reports. Shareholders of record on Friday, May 10th will be given a dividend of 1.0131 per share on Wednesday, May 29th. The ex-dividend date is Thursday, May 9th.
Mercedes-Benz Group Price Performance
MBGYY opened at C$19.53 on Tuesday. The company’s 50 day simple moving average is C$19.85 and its two-hundred day simple moving average is C$17.79. Mercedes-Benz Group has a 1-year low of C$14.53 and a 1-year high of C$20.81.
Wall Street Analyst Weigh In
MBGYY has been the topic of several analyst reports. Barclays raised shares of Mercedes-Benz Group from an “equal weight” rating to an “overweight” rating in a research report on Friday, February 23rd. Redburn Atlantic assumed coverage on shares of Mercedes-Benz Group in a research report on Wednesday, January 24th. They set a “neutral” rating on the stock.
About Mercedes-Benz Group
Mercedes-Benz Group AG operates as an automotive company in Germany and internationally. It operates through Mercedes-Benz Cars, Mercedes-Benz Vans, and Mercedes-Benz Mobility segments. The company develops, manufactures, and sells cars and vans under the Mercedes-Benz, Mercedes-AMG, Mercedes-Maybach, G-Class brands, as well as related spare parts and accessories.
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