Danieli & C. Officine Meccaniche (OTCMKTS:DNIYY) Stock Price Down 1.2% – What’s Next?

Danieli & C. Officine Meccaniche S.p.A. (OTCMKTS:DNIYY) fell 1.2% during trading on Monday . The stock traded as low as $28.78 and last traded at $28.78. 12 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 2,233 shares. The stock had previously closed at $29.13.

Danieli & C. Officine Meccaniche Trading Down 1.2 %

The stock’s fifty day moving average is $29.10 and its 200 day moving average is $28.76.

Danieli & C. Officine Meccaniche Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, December 5th. Stockholders of record on Tuesday, November 19th were paid a dividend of $0.3548 per share. This is an increase from Danieli & C. Officine Meccaniche’s previous dividend of $0.23. The ex-dividend date was Tuesday, November 19th. Danieli & C. Officine Meccaniche’s dividend payout ratio is 9.18%.

Danieli & C. Officine Meccaniche Company Profile

Danieli & C. Officine Meccaniche S.p.A. designs, builds, and sells plants for the iron and steel industry in Europe, Russia, the Middle East, the Americas, and South East Asia. It operates through two segments, Plant Making and Steel Making. The company designs and builds plants for various process areas, including mines; pellet production plants; blast furnaces; direct reduction; scrap shredders; steelworks for production of liquid steel; and continuous casting for blooms and billets, slabs, and thin slabs.