Fortum Oyj (OTCMKTS:FOJCY) to Issue Dividend Increase – $0.13 Per Share

Fortum Oyj (OTCMKTS:FOJCY) declared a dividend on Saturday, September 21st, NASDAQ reports. Stockholders of record on Wednesday, October 2nd will be paid a dividend of 0.1272 per share on Thursday, October 24th. The ex-dividend date is Wednesday, October 2nd. This is a positive change from Fortum Oyj’s previous dividend of $0.10.

Fortum Oyj Stock Performance

OTCMKTS FOJCY traded up $0.03 on Friday, reaching $3.15. The company had a trading volume of 830 shares, compared to its average volume of 5,980. Fortum Oyj has a fifty-two week low of $2.11 and a fifty-two week high of $3.25. The business has a 50 day moving average of $3.08 and a two-hundred day moving average of $2.88.

About Fortum Oyj

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.