Sodexo (OTCMKTS:SDXOF) Trading Up 3.4% – Here’s Why
by Tristan Rich · The Markets DailySodexo S.A. (OTCMKTS:SDXOF – Get Free Report) traded up 3.4% on Friday . The company traded as high as $82.77 and last traded at $82.77. 102 shares were traded during trading, a decline of 89% from the average session volume of 960 shares. The stock had previously closed at $80.08.
Sodexo Price Performance
The firm has a 50 day simple moving average of $91.72 and a 200-day simple moving average of $88.88.
Sodexo Increases Dividend
The business also recently disclosed a dividend, which was paid on Thursday, August 29th. Stockholders of record on Wednesday, August 28th were given a $6.24 dividend. The ex-dividend date was Tuesday, August 27th. This is a positive change from Sodexo’s previous dividend of $2.00. Sodexo’s dividend payout ratio is presently 50.78%.
Sodexo Company Profile
Sodexo SA provides food services and facilities management services worldwide. It offers various on-site services, which includes corporate services, energy and resources, government and agencies, and other services; healthcare and seniors; and learning solutions to schools and universities. The company also provides food services comprising retail service, food delivery, and meal and food vouchers, as well as digital food ordering services; savings and purchase solutions, data and digital tools, and advisory services and client support; and work-life balance and employee experience solutions.
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