Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY – Get Rating) declared a dividend on Tuesday, April 19th, investing.com reports. Investors of record on Monday, April 25th will be paid a dividend of 0.014 per share by the basic materials company on Thursday, April 28th. This represents a yield of 3.65%. The ex-dividend date is Friday, April 22nd.
Shares of MXCHY opened at $5.12 on Tuesday. Orbia Advance has a twelve month low of $4.28 and a twelve month high of $6.50. The firm’s 50 day moving average price is $5.04 and its two-hundred day moving average price is $5.17.
Separately, Zacks Investment Research raised shares of Orbia Advance from a “hold” rating to a “buy” rating and set a $5.50 price target on the stock in a research note on Tuesday, February 15th.
Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluor, polymer, and data communications sectors worldwide. The company offers irrigation systems, digital agricultural technologies, and related services; and data communications infrastructure, including conduits, and cables and fiber optics, as well as pressurized pipes for natural gas and other solutions.
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