Solvay (OTC:SLVYY) Shares Up 1% – Here’s Why

Solvay SA (OTC:SLVYYGet Free Report) shares traded up 1% during trading on Thursday . The stock traded as high as $3.39 and last traded at $3.38. 24,464 shares changed hands during mid-day trading, a decline of 40% from the average session volume of 40,960 shares. The stock had previously closed at $3.35.

Solvay Price Performance

The stock has a fifty day moving average price of $3.42 and a two-hundred day moving average price of $3.32.

Solvay Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Wednesday, May 28th were issued a dividend of $0.0816 per share. The ex-dividend date was Tuesday, May 27th. This represents a dividend yield of 3.97%.

Solvay Company Profile

(Get Free Report)

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.

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