Finning International (OTCMKTS:FINGF) Shares Down 0.7% – Here’s Why

Shares of Finning International Inc. (OTCMKTS:FINGF) dropped 0.7% during mid-day trading on Wednesday . The stock traded as low as $26.45 and last traded at $26.55. Approximately 500 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 13,150 shares. The stock had previously closed at $26.73.

Finning International Stock Performance

The business has a 50 day moving average of $26.60 and a 200 day moving average of $28.60.

Finning International Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 28th were paid a dividend of $0.1973 per share. This represents a yield of 2.97%. The ex-dividend date of this dividend was Wednesday, November 27th. Finning International’s payout ratio is 37.53%.

About Finning International

Finning International Inc sells, services, and rents heavy equipment, engines, and related products in Canada, Chile, Bolivia, the United Kingdom, Argentina, Ireland, and internationally. The company offers articulated trucks, asphalt pavers, backhoe loaders, cold planers, compactors, dozers, drills, electric rope shovels, excavators, hydraulic mining shovels, material handlers, motor graders, off-highway trucks, pipelayers, road reclaimers, skid steer and compact track loaders, track loaders, underground-hard rock, wheel loaders, and wheel tractor-scrapers, as well as mobile and stationary generator sets.