Equatorial Energia (OTCMKTS:EQUEY) Shares Up 4.7% – Here’s Why

Equatorial Energia S.A. (OTCMKTS:EQUEYGet Free Report)’s share price was up 4.7% on Thursday . The stock traded as high as $5.90 and last traded at $5.90. Approximately 1,111 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 6,268 shares. The stock had previously closed at $5.64.

Equatorial Energia Stock Performance

The business’s 50 day simple moving average is $6.17 and its 200-day simple moving average is $6.08.

Equatorial Energia Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, September 17th. Investors of record on Wednesday, September 11th were issued a $0.0241 dividend. This is a positive change from Equatorial Energia’s previous dividend of $0.01. This represents a yield of 0.38%. The ex-dividend date was Tuesday, September 10th. Equatorial Energia’s payout ratio is 29.66%.

Equatorial Energia Company Profile

(Get Free Report)

Equatorial Energia SA, through its subsidiaries, engages in the electricity generation, distribution, transmission, and sanitation operations in Brazil. It operates through Distribution, Transmission, Wind Generation, Services, Sanitation, and Other segments. The company generates energy from wind, solar, biomass, qualified co-generation, and hydroelectric plants.

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