PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Trading 5.2% Higher – What’s Next?

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) rose 5.2% on Monday . The company traded as high as $2.31 and last traded at $2.31. Approximately 142 shares were traded during 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 price is $2.35 and its 200-day moving average price is $2.90.

PT Unilever Indonesia Tbk Cuts Dividend

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

PT Unilever Indonesia Tbk Company Profile

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.