Orica Limited (ASX:ORI) Increases Dividend to $0.28 Per Share

Orica Limited (ASX:ORIGet Free Report) announced a final dividend on Friday, November 15th,MarketIndexAU Dividends reports. Investors of record on Sunday, December 22nd will be given a dividend of 0.28 per share on Sunday, December 22nd. This represents a yield of 1.55%. The ex-dividend date is Thursday, November 21st. This is a positive change from Orica’s previous final dividend of $0.25.

Orica Price Performance

The company has a quick ratio of 0.92, a current ratio of 1.69 and a debt-to-equity ratio of 50.04.

Insider Buying and Selling

In other news, insider Vanessa Guthrie purchased 3,970 shares of the company’s stock in a transaction dated Thursday, August 29th. The shares were purchased at an average price of A$18.00 ($11.76) per share, for a total transaction of A$71,452.06 ($46,700.69). 0.24% of the stock is owned by corporate insiders.

About Orica

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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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Dividend History for Orica (ASX:ORI)

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