Pick n Pay Stores (OTCMKTS:PKPYY) Trading Down 3.1%

Pick n Pay Stores Limited (OTCMKTS:PKPYY)’s stock price traded down 3.1% during mid-day trading on Wednesday . The company traded as low as $6.20 and last traded at $6.20. 500 shares were traded during trading, an increase of 169% from the average session volume of 186 shares. The stock had previously closed at $6.40.

Pick n Pay Stores Trading Up 2.0 %

The company’s fifty day moving average price is $6.15 and its 200 day moving average price is $5.63.

Pick n Pay Stores Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, August 26th. Shareholders of record on Monday, August 19th will be issued a $0.9855 dividend. This is a positive change from Pick n Pay Stores’s previous dividend of $0.56. The ex-dividend date of this dividend is Monday, August 19th. Pick n Pay Stores’s dividend payout ratio (DPR) is currently 52.92%.

About Pick n Pay Stores

Pick n Pay Stores Limited, together with its subsidiaries, engages in the retail of food, grocery, clothing, liquor, and general merchandise products in South Africa and Rest of Africa. It owns and franchises hypermarkets, supermarkets, clothing stores, liquor stores, superstores, build stores, punch stores, and express stores under the Pick n Pay and Boxer brands.