Fortum Oyj (OTCMKTS:FOJCY) to Issue Dividend Increase – $0.30 Per Share

Fortum Oyj (OTCMKTS:FOJCY) announced a dividend on Monday, March 10th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 3rd will be given a dividend of 0.3032 per share on Friday, April 25th. The ex-dividend date is Thursday, April 3rd. This is a 138.4% increase from Fortum Oyj’s previous dividend of $0.13.

Fortum Oyj Stock Down 0.3 %

Shares of Fortum Oyj stock opened at $3.27 on Tuesday. Fortum Oyj has a 12-month low of $2.31 and a 12-month high of $3.43. The stock’s fifty day moving average is $3.08 and its 200-day moving average is $2.97.

Fortum Oyj Company Profile

Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.