Almacenes Éxito S.A. (NYSE:EXTO) Announces Dividend Increase – $0.02 Per Share

Almacenes Éxito S.A. (NYSE:EXTO) announced a — dividend on Friday, November 29th,Wall Street Journal reports. Stockholders of record on Monday, December 9th will be paid a dividend of 0.0248 per share on Tuesday, December 17th. This represents a dividend yield of 1.2%. The ex-dividend date is Monday, December 9th. This is a positive change from Almacenes Éxito’s previous — dividend of $0.0084541.

Almacenes Éxito has a dividend payout ratio of 42.9% meaning its dividend is sufficiently covered by earnings.

Almacenes Éxito Stock Down 1.6 %

NYSE EXTO traded down $0.06 on Friday, reaching $3.74. 22,367 shares of the company were exchanged, compared to its average volume of 112,317. The business’s fifty day moving average price is $4.15 and its 200 day moving average price is $4.27. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.32 and a current ratio of 0.73. Almacenes Éxito has a fifty-two week low of $3.71 and a fifty-two week high of $7.30.

About Almacenes Éxito

Almacenes Éxito SA operates as a retail commerce company in South America. The company operates a chain of retail stores primarily under the Éxito, Carulla, Surtimax, Super Inter, Surti Mayorista, Libertad, Mini Libertad, Devoto, Disco, and Géant brands. It is also involved in the online commerce activities.