Orica Limited (OTCMKTS:OCLDY – Get Free Report)’s share price dropped 5.5% during mid-day trading on Monday . The company traded as low as $11.24 and last traded at $11.24. Approximately 321 shares were traded during trading, a decline of 76% from the average daily volume of 1,337 shares. The stock had previously closed at $11.89.
Orica Stock Performance
The stock’s 50-day moving average is $11.62 and its 200-day moving average is $11.89.
Orica Increases Dividend
The business also recently announced a dividend, which will be paid on Tuesday, January 7th. Investors of record on Monday, November 25th will be given a dividend of $0.1808 per share. The ex-dividend date is Monday, November 25th. This is an increase from Orica’s previous dividend of $0.11. Orica’s payout ratio is presently 52.08%.
Orica Company Profile
Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.
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