Shares of Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $6.69 and traded as low as $6.60. Origin Energy shares last traded at $6.60, with a volume of 405 shares trading hands.
Origin Energy Trading Down 2.5 %
The company has a 50-day moving average of $6.69 and a 200-day moving average of $6.58.
Origin Energy Increases Dividend
The company also recently declared a dividend, which will be paid on Friday, April 11th. Shareholders of record on Wednesday, March 5th will be issued a dividend of $0.188 per share. This is a positive change from Origin Energy’s previous dividend of $0.15. The ex-dividend date is Wednesday, March 5th. Origin Energy’s dividend payout ratio (DPR) is presently 88.17%.
About Origin Energy
Origin Energy Limited, an integrated energy company, engages in the exploration and production of natural gas, electricity generation, wholesale and retail sale of electricity and gas, and sale of liquefied natural gas in Australia and internationally. The company operates through, Energy Markets, and Integrated Gas segments.
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