Worley (OTCMKTS:WYGPY) Shares Gap Up After Dividend Announcement

Worley Limited Unsponsored ADR (OTCMKTS:WYGPYGet Free Report) shares gapped up before the market opened on Thursday after the company announced a dividend. The stock had previously closed at $9.55, but opened at $9.99. Worley shares last traded at $9.99, with a volume of 306 shares.

The newly announced dividend which will be paid on Thursday, October 16th. Shareholders of record on Tuesday, September 9th will be issued a $0.1295 dividend. The ex-dividend date is Monday, September 8th. This represents a yield of 267.0%.

Analysts Set New Price Targets

Separately, Royal Bank Of Canada upgraded Worley from a “hold” rating to a “moderate buy” rating in a report on Tuesday.

Get Our Latest Research Report on Worley

Worley Price Performance

The business has a 50 day simple moving average of $8.65 and a 200-day simple moving average of $8.46.

About Worley

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Worley Limited provides professional project and asset services to energy, chemicals, and resources sectors worldwide. The company offers digital, consulting, engineering and design, construction management, construction and fabrication, supply chain management, project management, and operation and maintenance services, as well as maintenance, modification, and operation services.

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