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Erdemir shares increased weekly but decreased daily

Ereğli Demir Çelik shares increased in 5-day volume but started to decrease on a daily basis…

Erdemir shares increased weekly but decreased daily

Eregli Iron and Steel (EREGL) shares have gained +2.12 in value over the past 5 days. The trading volume was seen as 4.69% on average for 5 days. the highest figure it saw in 5 days was 53.35 TL.

On the other hand, while it lost -3.54 in instant transactions, the transaction volume was approximately 7.10% from morning until today. While the highest figure it saw for the day was 48.18 TL, it was seen as 46.34 TL instantly.

Another curious subject was Erdemir's dividend date. When we examine the dividend date of the company, it usually makes its dividend distributions in March and May. These two dates are foreseen for 2023. Ereğli Demir Çelik will soon announce to its investors whether it will distribute dividends this year and at what rate.

The shares of Ereğli (EREGL), the leading company of the sector within the Oyak Group, shared 100% of its profit with its investors in 2022. On March 22, 2022, the company paid a dividend of 4 TL per share with a yield of 11.04%.

When we examine the dividend payment of the last 5 years, it is seen that the highest yield has been reached in 2019. The company distributed a dividend of TL 1.24 per share with a yield of 13.95%. The lowest dividend yield occurred during the pandemic period of 2020. The company had distributed a dividend of TL 0.24 per share with a yield of 2.17%.

Isdemir shares, on the other hand, went through the roof and saw a high of 44.36 TL after 36.68 in the last five days. Today, it was seen as TL 43.50 with an instant volume of 7.83%.

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