Incitec Pivot Limited (OTCMKTS:INCZY – Get Free Report) dropped 9.6% during mid-day trading on Wednesday . The company traded as low as $1.89 and last traded at $1.89. Approximately 8,397 shares changed hands during trading, a decline of 25% from the average daily volume of 11,210 shares. The stock had previously closed at $2.09.
Incitec Pivot Price Performance
The company has a 50-day moving average of $2.03 and a 200-day moving average of $2.02.
Incitec Pivot Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, December 30th. Stockholders of record on Wednesday, December 4th will be issued a $0.0407 dividend. This is an increase from Incitec Pivot’s previous dividend of $0.03. The ex-dividend date of this dividend is Wednesday, December 4th. Incitec Pivot’s payout ratio is presently 50.34%.
Incitec Pivot Company Profile
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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