Reuters gains 0.4% within $122.94 to $124.74 daily range

Published: March 19 2023, 08:26 GMT+0

Reuters gains 0.4% within $122.94 to $124.74 daily range

Friday at a glance: Thomson Reuters Corporation rose 49 cents to close at $124.33 Friday which makes for a move of 0.4%.

  • Daily trading volume (614,346 shares) increased, making up 133% of the 21-day average (460,380).
  • Reuters discloses 49 cents per share dividend to be paid on Thursday, March 16th

As market participants brought Friday's session to a close, Nasdaq ended the session at 11,631, having lost 0.74%. While Reuters went up, the Industrials sector suffered losses and fell 0.422%.

Reuters hit a significant low of $92.58 around 10 months ago, but has since recovered 33.77%. So far this year, it has been under-performing the Nasdaq by 2.24%. Reuters is currently trading with a market cap of $58.66 billion with an average daily trading volume of 460,380 shares. Reuters has a forecast of $1.59 billion with an EPS of 64 cents.

Reuters disclosed a quarterly dividend of 49 cents per share on Thursday, February 9th that was paid on Thursday, March 16th to all shareholders of record up until Thursday, February 23rd. Based on current prices, the company's decision thereby provides Reuters investors with an annual dividend yield of 1.58%.

While Reuters was bullish Friday, the following industrials stocks underperformed: Raytheon Technologies went down 2.38%, closed at $98.08. Honeywell International dips 2.38% Friday to close at $189.14. Lockheed Martin goes down 1.56% Friday to close at $473.24.