Banca Mediolanum (OTCMKTS:BNCDY) Trading 3.4% Higher – Still a Buy?

Banca Mediolanum S.p.A. (OTCMKTS:BNCDYGet Free Report)’s share price shot up 3.4% on Wednesday . The company traded as high as $23.74 and last traded at $23.74. 10 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 980 shares. The stock had previously closed at $22.95.

Banca Mediolanum Stock Performance

The company’s fifty day moving average is $23.40 and its 200-day moving average is $23.30.

Banca Mediolanum Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, December 5th. Shareholders of record on Friday, November 22nd were issued a dividend of $0.7859 per share. This is a boost from Banca Mediolanum’s previous dividend of $0.62. The ex-dividend date of this dividend was Friday, November 22nd.

About Banca Mediolanum

(Get Free Report)

Banca Mediolanum S.p.A. provides various banking products and services in Italy. The company offers current accounts; deposits; and mortgages and loans. It also provides debit, credit, and prepaid cards; investment products, such as mutual funds, unit linked policies, investment strategies, other investments, trading, and retirement products; and life insurance products and services.

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