Neste Oyj (OTCMKTS:NTOIY) Shares Up 2.2% – Here’s What Happened

Neste Oyj (OTCMKTS:NTOIY)’s stock price shot up 2.2% on Monday . The company traded as high as $7.35 and last traded at $7.35. 223,131 shares traded hands during trading, an increase of 125% from the average session volume of 99,273 shares. The stock had previously closed at $7.19.

Neste Oyj Stock Performance

The company’s 50-day simple moving average is $8.49 and its 200-day simple moving average is $9.62.

Neste Oyj Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 24th. Stockholders of record on Wednesday, October 2nd were paid a dividend of $0.3348 per share. The ex-dividend date was Wednesday, October 2nd. This is a boost from Neste Oyj’s previous dividend of $0.33. Neste Oyj’s dividend payout ratio is 45.88%.

Neste Oyj Company Profile

Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.