Fortum Oyj (OTCMKTS:FOJCY – Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $3.00 and traded as high as $3.29. Fortum Oyj shares last traded at $3.27, with a volume of 624 shares.
Fortum Oyj Trading Down 4.8 %
The business’s 50 day simple moving average is $3.00 and its 200 day simple moving average is $2.96.
Fortum Oyj Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, April 25th. Shareholders of record on Thursday, April 3rd will be paid a dividend of $0.3032 per share. This is a boost from Fortum Oyj’s previous dividend of $0.13. The ex-dividend date is Thursday, April 3rd. Fortum Oyj’s dividend payout ratio (DPR) is presently 23.57%.
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.
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