Oi S.A. (OTCMKTS:OIBRQ) Increases Dividend to $0.08 Per Share

Oi S.A. (OTCMKTS:OIBRQ) declared a dividend on Sunday, October 6th, investing.com reports. Stockholders of record on Tuesday, October 8th will be paid a dividend of 0.0755 per share on Tuesday, October 15th. This represents a dividend yield of 1.88%. The ex-dividend date is Monday, October 7th. This is a boost from OI’s previous dividend of $0.00119.

OI Stock Performance

OIBRQ stock remained flat at $4.01 during mid-day trading on Friday. 15 shares of the company’s stock were exchanged, compared to its average volume of 4,734. OI has a twelve month low of $0.00 and a twelve month high of $0.01.

About OI

Oi SA, together with its subsidiaries, provides telecommunication services in Brazil and internationally. The company offers fixed telephony services; domestic and international long-distance services; and maintenance and repair services. It also provides call center and telemarketing, Internet, network, and Wi-Fi Internet services; and financial, and payment and credit system services, as well as consulting services.