Acorn International, Inc. (NYSE:ATV) announced a quarterly dividend on Friday, November 29th, Zacks reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.23 per share on Friday, December 20th. This represents a $0.92 dividend on an annualized basis and a yield of 4.97%. The ex-dividend date of this dividend is Thursday, December 12th.
ATV traded up $0.63 during mid-day trading on Tuesday, reaching $18.50. 1,028 shares of the company traded hands, compared to its average volume of 2,937. The company’s fifty day moving average price is $17.76 and its 200-day moving average price is $19.09. Acorn International has a 52-week low of $15.64 and a 52-week high of $33.63.
Acorn International Company Profile
Acorn International, Inc, an integrated multi-platform marketing company, develops, promotes, and sells products in the People's Republic of China. It operates through two segments, Integrated Direct Sales and Nationwide Distribution Network. The company, through its direct sales business platform, markets and sells products directly to consumers through its outbound marketing platform and Internet sales platform.
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