By Frank Prenesti
Date: Thursday 15 Feb 2024
LONDON (ShareCast) - (Sharecast News) - Shares in Renault made strong gains on Thursday after the French carmaker rewarded investors with a large dividend hike.
The company announced late on Wednesday that it was declaring €1.85 euro-a-share payout for 2023, up from 0.25 euros a year earlier.
Group revenue rose 13% to €52.4bn, while net profit was slightly below forecasts. Net profit was €2.315bn compared with a loss for 2022 of €716m, which included the automaker's exit from Russia, and missed an average estimate of €3.52bn.
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| Currency | Euro |
| Share Price | 34.14 |
| Change Today | 0.53 |
| % Change | 1.57 % |
| 52 Week High | 52.50 |
| 52 Week Low | 31.14 |
| Volume | 66,854 |
| Shares Issued | 272.00m |
| Market Cap | 9,285m |
| Beta | 0.86 |
| Strong Buy | 5 |
| Buy | 7 |
| Neutral | 7 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 19 |

| Time | Volume / Share Price |
| 10:45 | 86 @ 34.14 |
| 10:45 | 18 @ 34.13 |
| 10:45 | 40 @ 34.15 |
| 10:45 | 14 @ 34.14 |
| 10:44 | 11 @ 34.11 |
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