Naturgy Energy Group (OTCMKTS:GASNY) Trading 2.3% Higher – Here’s Why

Naturgy Energy Group, S.A. (OTCMKTS:GASNY)’s share price traded up 2.3% on Tuesday . The company traded as high as $6.15 and last traded at $6.15. 189 shares traded hands during trading, a decline of 96% from the average session volume of 4,691 shares. The stock had previously closed at $6.01.

Naturgy Energy Group Trading Up 2.3%

The stock’s fifty day moving average price is $6.16 and its two-hundred day moving average price is $5.64.

Naturgy Energy Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 14th. Shareholders of record on Tuesday, August 5th will be issued a $0.0863 dividend. The ex-dividend date of this dividend is Monday, August 4th. This represents a dividend yield of 364.0%. This is a boost from Naturgy Energy Group’s previous dividend of $0.08. Naturgy Energy Group’s dividend payout ratio (DPR) is 108.80%.

About Naturgy Energy Group

Naturgy Energy Group, SA, together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of natural gas. It operates through Distribution Networks and Energy Markets segments. The company engages in the regulated gas and electricity distribution; sale of liquefied natural gas and the maritime transport business; management conventional thermal generation facilities; and generation and sale of electricity through wind, mini-hydro, solar, and cogeneration sources, as well as provision of supply management services.