Shares of adidas AG (OTCMKTS:ADDDF – Get Free Report) passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $244.46 and traded as low as $226.87. adidas shares last traded at $229.90, with a volume of 49 shares traded.
adidas Price Performance
The business’s 50 day moving average is $238.09 and its two-hundred day moving average is $244.46.
adidas Announces Dividend
The company also recently announced a dividend, which was paid on Tuesday, May 20th. Shareholders of record on Monday, May 19th were paid a $2.00 dividend. This represents a yield of 0.94%. The ex-dividend date of this dividend was Friday, May 16th. adidas’s dividend payout ratio is currently 37.90%.
About adidas
adidas AG, together with its subsidiaries, designs, develops, produces, and markets athletic and sports lifestyle products in Europe, the Middle East, Africa, North America, Greater China, the Asia-Pacific, and Latin America. It offers footwear, apparel, and accessories and gear, such as bags and balls under the adidas brand; golf footwear and apparel under the adidas Golf brand; and outdoor footwear under the Five Ten brand.
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