PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Trading Up 5.2% – Here’s What Happened

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY)’s stock price was up 5.2% on Monday . The company traded as high as $2.31 and last traded at $2.31. Approximately 142 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 7,749 shares. The stock had previously closed at $2.20.

PT Unilever Indonesia Tbk Stock Performance

The firm’s fifty day moving average is $2.33 and its 200-day moving average is $2.88.

PT Unilever Indonesia Tbk Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 3rd. Shareholders of record on Monday, December 9th will be given a dividend of $0.0517 per share. The ex-dividend date is Monday, December 9th. PT Unilever Indonesia Tbk’s payout ratio is presently 73.15%.

About PT Unilever Indonesia Tbk

PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia. It offers soaps, detergents, dairy based foods, ice creams, savories, soy sauce, cosmetic products, tea-based beverages, and fruit juices. The company provides its products under the Axe, Bango, Buavita, Cif, Citra, Clear, Clear Men, Close Up, Cornetto, Dove, Feast, Feast, Glow & Lovely, Hellmann's, Jawara, Knorr, Lifebuoy, Lipton, Love Beauty & Planet, Lux, Magnum, Molto, Paddle Pop, Pepsodent, Pond's, Pond's Men, Populaire, Rexona, Rinso, Royco, SariWangi, Seru, Simple, St.