Weg S.A. (WEGZY) to Issue Dividend of $0.01 on August 20th

Weg S.A. (OTCMKTS:WEGZY) declared a dividend on Wednesday, March 19th, NASDAQ Dividends reports. Shareholders of record on Monday, March 31st will be given a dividend of 0.0142 per share on Wednesday, August 20th. The ex-dividend date is Monday, March 31st. This is a 70.0% increase from WEG’s previous dividend of $0.0083505.

WEG Stock Performance

WEG stock opened at $7.91 on Friday. WEG has a 12-month low of $6.92 and a 12-month high of $10.36. The firm has a 50-day moving average price of $8.72 and a 200-day moving average price of $9.19.

About WEG

WEG SA engages in the production and sale of capital goods in Brazil and internationally. The company offers electric motors, generators, and transformers; gear units and geared motors; hydraulic and steam turbines; frequency converters; motor starters and maneuver devices; control and protection of electric circuits for industrial automation; power sockets and switches; and electric traction solutions for heavy vehicles, SUV vehicles, locomotives, and sea transportation capital goods.