Rheinmetall AG (OTCMKTS:RNMBY) Declares Dividend Increase – $0.84 Per Share

Rheinmetall AG (OTCMKTS:RNMBY) announced a dividend on Thursday, April 18th, NASDAQ reports. Shareholders of record on Thursday, May 16th will be paid a dividend of 0.8434 per share on Monday, June 3rd. The ex-dividend date of this dividend is Wednesday, May 15th. This is a boost from Rheinmetall’s previous dividend of $0.64.

Rheinmetall Stock Down 4.1 %

Shares of RNMBY traded down $4.63 during trading hours on Thursday, hitting $107.62. The stock had a trading volume of 57,973 shares, compared to its average volume of 21,741. The company’s fifty day moving average is $99.28 and its two-hundred day moving average is $75.10. Rheinmetall has a 52 week low of $48.50 and a 52 week high of $121.85.

Rheinmetall Company Profile

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.