Shares of Incitec Pivot Limited (OTCMKTS:INCZY – Get Free Report) shot up 0.8% during mid-day trading on Thursday . The company traded as high as $2.03 and last traded at $1.90. 2,292 shares were traded during trading, a decline of 11% from the average session volume of 2,578 shares. The stock had previously closed at $1.89.
Incitec Pivot Stock Performance
The business has a 50 day simple moving average of $2.01 and a 200-day simple moving average of $2.01.
Incitec Pivot Increases Dividend
The business also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Wednesday, December 4th were paid a dividend of $0.0407 per share. The ex-dividend date of this dividend was Wednesday, December 4th. This is an increase from Incitec Pivot’s previous dividend of $0.03. Incitec Pivot’s payout ratio is 50.34%.
About Incitec Pivot
Incitec Pivot Limited, together with its subsidiaries, manufactures and distributes industrial explosives, industrial chemicals, and fertilizers in Australia, the United States, the Asia Pacific, Turkey, France, and internationally. It offers ammonium nitrate, nitrogen-based fertilizer, ammonia, di/mono-ammonium phosphate, and single super phosphate.
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