Redeia Corporación, S.A. (RDEIY) to Issue Dividend of $0.11 on January 22nd

Redeia Corporación, S.A. (OTCMKTS:RDEIY) declared a dividend on Tuesday, December 10th,NASDAQ Dividends reports. Stockholders of record on Monday, January 6th will be paid a dividend of 0.1053 per share by the utilities provider on Wednesday, January 22nd. The ex-dividend date of this dividend is Monday, January 6th.

Redeia Corporación Stock Performance

OTCMKTS:RDEIY opened at $8.50 on Friday. Redeia Corporación has a fifty-two week low of $7.68 and a fifty-two week high of $9.78. The company has a fifty day moving average of $8.76 and a two-hundred day moving average of $9.04.

Wall Street Analyst Weigh In

RDEIY has been the subject of several research analyst reports. Morgan Stanley downgraded shares of Redeia Corporación from an “equal weight” rating to an “underweight” rating in a research report on Thursday, December 5th. BNP Paribas upgraded Redeia Corporación from a “hold” rating to a “strong-buy” rating in a research report on Monday, December 2nd.

Redeia Corporación Company Profile

Redeia Corporación, SA engages in the electricity transmission, and system operation and management of the transmission network for the electricity system in Spain and internationally. The company operates through three segments: Management and Operation of National Electricity Infrastructure; Management and Operation of International Electricity Infrastructure; and Telecommunications (Satellites and Fibre Optic).