Orica Limited (OTCMKTS:OCLDY – Get Free Report)’s stock price was up 0.6% during mid-day trading on Thursday . The stock traded as high as $12.44 and last traded at $12.44. Approximately 227 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 809 shares. The stock had previously closed at $12.37.
Orica Price Performance
The firm has a 50-day simple moving average of $10.92 and a 200-day simple moving average of $10.76.
Orica Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, July 17th. Stockholders of record on Monday, May 26th will be paid a dividend of $0.1236 per share. This represents a dividend yield of 2.19%. The ex-dividend date is Friday, May 23rd. 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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