Orica Limited (OTCMKTS:OCLDY – Get Free Report) fell 5.5% during mid-day trading on Monday . The stock traded as low as $11.24 and last traded at $11.24. 321 shares were traded during mid-day trading, a decline of 76% from the average session volume of 1,337 shares. The stock had previously closed at $11.89.
Orica Stock Down 5.5 %
The company’s 50 day moving average price is $11.62 and its 200-day moving average price is $11.89.
Orica Increases Dividend
The company also recently announced a dividend, which will be paid on Tuesday, January 7th. Stockholders of record on Monday, November 25th will be paid a $0.1808 dividend. This is a positive change from Orica’s previous dividend of $0.11. The ex-dividend date of this dividend is Monday, November 25th. Orica’s dividend payout ratio is presently 52.08%.
About Orica
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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