Shares of Orica Limited (OTCMKTS:OCLDY – Get Free Report) shot up 3.8% during trading on Tuesday . The company traded as high as $9.72 and last traded at $9.72. 1,265 shares were traded during mid-day trading, an increase of 65% from the average session volume of 766 shares. The stock had previously closed at $9.36.
Orica Stock Up 3.8 %
The business has a 50 day moving average of $11.06 and a 200 day moving average of $11.64.
Orica Increases Dividend
The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Shareholders of record on Monday, November 25th were given a dividend of $0.1808 per share. This is a boost from Orica’s previous dividend of $0.11. The ex-dividend date was Monday, November 25th. 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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