Beach Energy Limited (OTCMKTS:BEPTF – Get Free Report)’s stock price fell 4.6% on Wednesday . The company traded as low as $0.73 and last traded at $0.73. 4,000 shares changed hands during mid-day trading, an increase of 65% from the average session volume of 2,429 shares. The stock had previously closed at $0.77.
Beach Energy Stock Performance
The firm has a 50 day simple moving average of $0.89 and a 200-day simple moving average of $1.02.
Beach Energy Dividend Announcement
The company also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Friday, August 30th will be given a dividend of $0.02 per share. This represents a dividend yield of 1.59%. The ex-dividend date of this dividend is Thursday, August 29th. Beach Energy’s dividend payout ratio (DPR) is currently 38.51%.
About Beach Energy
Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.
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