Incitec Pivot (OTCMKTS:INCZY) Stock Price Up 0.8% – Still a Buy?

Incitec Pivot Limited (OTCMKTS:INCZY)’s stock price rose 0.8% during trading on Thursday . The stock traded as high as $2.03 and last traded at $1.90. Approximately 2,292 shares changed hands during trading, a decline of 11% from the average daily volume of 2,578 shares. The stock had previously closed at $1.89.

Incitec Pivot Stock Up 0.8 %

The stock has a 50 day moving average of $2.01 and a 200 day moving average of $2.01.

Incitec Pivot Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, December 30th. Stockholders of record on Wednesday, December 4th were given a dividend of $0.0407 per share. This is an increase from Incitec Pivot’s previous dividend of $0.03. The ex-dividend date was Wednesday, December 4th. Incitec Pivot’s dividend payout ratio (DPR) is 50.34%.

Incitec Pivot Company Profile

Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.