Orica (OTCMKTS:OCLDY) Trading 3.8% Higher – Here’s What Happened

Orica Limited (OTCMKTS:OCLDYGet Free Report)’s stock price was up 3.8% during trading on Tuesday . The stock traded as high as $9.72 and last traded at $9.72. Approximately 1,265 shares were traded during mid-day trading, an increase of 65% from the average daily volume of 766 shares. The stock had previously closed at $9.36.

Orica Stock Performance

The firm has a fifty day moving average price of $11.02 and a 200 day moving average price of $11.62.

Orica Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, January 7th. Investors of record on Monday, November 25th were issued a $0.1808 dividend. The ex-dividend date of this dividend was Monday, November 25th. This is an increase from Orica’s previous dividend of $0.11. Orica’s payout ratio is currently 52.08%.

Orica Company Profile

(Get Free Report)

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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