Equatorial Energia (OTCMKTS:EQUEY) Shares Up 5.9% – Should You Buy?

Equatorial Energia S.A. (OTCMKTS:EQUEYGet Free Report)’s share price shot up 5.9% during mid-day trading on Tuesday . The stock traded as high as $5.68 and last traded at $5.68. 101 shares changed hands during trading, a decline of 98% from the average session volume of 5,801 shares. The stock had previously closed at $5.36.

Equatorial Energia Trading Up 5.9 %

The company has a fifty day moving average of $5.82 and a 200-day moving average of $6.01.

Equatorial Energia Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 17th. Investors of record on Wednesday, September 11th were issued a dividend of $0.0241 per share. The ex-dividend date of this dividend was Tuesday, September 10th. This represents a yield of 0.38%. This is an increase from Equatorial Energia’s previous dividend of $0.01. Equatorial Energia’s dividend 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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