Orica Limited (OTCMKTS:OCLDY – Get Free Report) was down 3.8% during mid-day trading on Wednesday . The company traded as low as $13.14 and last traded at $13.14. Approximately 108 shares were traded during trading, a decline of 85% from the average daily volume of 731 shares. The stock had previously closed at $13.66.
Orica Stock Performance
The business’s 50-day moving average is $12.74 and its 200-day moving average is $11.28.
Orica Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, July 17th. Investors of record on Monday, May 26th were given a dividend of $0.1236 per share. The ex-dividend date was Friday, May 23rd. This represents a yield of 2.19%. Orica’s dividend payout ratio (DPR) is currently 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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