First Pacific (OTCMKTS:FPAFY) Hits New 12-Month High After Dividend Announcement

First Pacific Co. (OTCMKTS:FPAFYGet Free Report) reached a new 52-week high during mid-day trading on Tuesday after the company announced a dividend. The company traded as high as $3.90 and last traded at $3.78, with a volume of 64185 shares trading hands. The stock had previously closed at $3.70.

The newly announced dividend which will be paid on Thursday, July 10th. Shareholders of record on Tuesday, June 24th will be paid a dividend of $0.0731 per share. This is a boost from First Pacific’s previous dividend of $0.07. The ex-dividend date is Monday, June 23rd. This represents a yield of 3.75%.

First Pacific Price Performance

The business’s 50 day moving average price is $3.44 and its 200-day moving average price is $3.09. The company has a quick ratio of 1.07, a current ratio of 1.35 and a debt-to-equity ratio of 0.84.

First Pacific Company Profile

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First Pacific Company Limited, an investment holding company, engages in the consumer food products, telecommunications, infrastructure, and natural resources businesses in the Philippines, Indonesia, Singapore, the Middle East, Africa, and internationally. The company offers a range of telecommunications and digital services, including fiber optic backbone, and fixed line and cellular networks.

Further Reading

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