Treasury Wine Estates (OTCMKTS:TSRYY) Trading Down 0.3% – Time to Sell?

Treasury Wine Estates Limited (OTCMKTS:TSRYY) shares fell 0.3% during trading on Monday . The company traded as low as $6.14 and last traded at $6.18. 413,353 shares traded hands during mid-day trading, an increase of 45% from the average session volume of 285,127 shares. The stock had previously closed at $6.20.

Treasury Wine Estates Stock Performance

The stock has a 50-day simple moving average of $6.61 and a two-hundred day simple moving average of $7.20.

Treasury Wine Estates Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, April 14th. Shareholders of record on Friday, March 7th will be given a dividend of $0.0381 per share. This represents a yield of 3.25%. This is a positive change from Treasury Wine Estates’s previous dividend of $0.04. The ex-dividend date is Thursday, March 6th. Treasury Wine Estates’s dividend payout ratio is presently -65.14%.

About Treasury Wine Estates

Treasury Wine Estates Limited operates as a wine company primarily in Australia, New Zealand, Asia, Europe, the United Kingdom, the Middle East, Africa, and the Americas. The company engages in the viticulture and winemaking; and marketing, sale, and distribution of wine. Its wine portfolio includes luxury, premium and commercial wine brands, such as 19 Crimes, Acacia Vineyard, Annie's Lane, Beaulieu Vineyard, Belcreme de Lys, Beringer Vineyards, Blossom Hill, Cavaliere d'Oro, Coldstream Hills, Devil's Lair, EMBRAZEN, Etude, Fifth Leg, Heemskerk, Hewitt Vineyard, Ingoldby, Jamieson's Run, Killawarra, Leo Buring, Lindeman's, Maison de Grand Esprit, Matua, Penfolds, Pepperjack, Rawson's Retreat, Rosemount Estate, Run Riot, Saltram, Samuel Wynn & Co, Secret Stone, Seppelt, Shingle Peak, Sledgehammer, Squealing pig, St Huberts, Stags' Leap Winery, Stellina di Notte, Sterling Vineyards, T'Gallant, The Walking Dead Wine, Wolf Blass, Wynns Coonawarra Estate, and Yellowglen.