Shares of Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.53 and traded as low as $6.44. Origin Energy shares last traded at $6.44, with a volume of 214 shares changing hands.
Origin Energy Price Performance
The business’s 50-day moving average price is $6.53 and its 200-day moving average price is $6.44.
Origin Energy Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 6th will be paid a dividend of $0.1458 per share. The ex-dividend date is Friday, September 6th. This is an increase from Origin Energy’s previous dividend of $0.14. Origin Energy’s payout ratio is presently 88.17%.
About Origin Energy
Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates through, Energy Markets, Integrated Gas, and Corporate segments.
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