Lendlease Group (OTCMKTS:LLESY) Trading 0.9% Higher – Still a Buy?

Lendlease Group (OTCMKTS:LLESYGet Free Report) shares traded up 0.9% during mid-day trading on Friday . The stock traded as high as $3.99 and last traded at $3.99. 10 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 394 shares. The stock had previously closed at $3.95.

Lendlease Group Stock Performance

The stock has a 50-day moving average price of $3.88 and a 200 day moving average price of $4.28.

Lendlease Group Increases Dividend

The company also recently declared a dividend, which will be paid on Monday, March 24th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.0363 per share. The ex-dividend date of this dividend is Friday, February 28th. This is a boost from Lendlease Group’s previous dividend of $0.02. Lendlease Group’s payout ratio is 3.32%.

About Lendlease Group

(Get Free Report)

Lendlease Group operates as an integrated real estate and investment company in Australia, Asia, Europe, and the Americas. It operates through Development, Construction, and Investments segments. The Development segment develops inner-city mixed-use developments, apartments, communities, retirement, retail, commercial assets, and social and economic infrastructure.

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