Incitec Pivot (OTCMKTS:INCZY) Shares Up 0.8% – What’s Next?

Incitec Pivot Limited (OTCMKTS:INCZY)’s stock price rose 0.8% during mid-day trading on Thursday . The stock traded as high as $2.03 and last traded at $1.90. Approximately 2,292 shares traded hands during trading, a decline of 11% from the average daily volume of 2,578 shares. The stock had previously closed at $1.89.

Incitec Pivot Stock Performance

The firm’s fifty day moving average price is $2.01 and its 200-day moving average price is $2.01.

Incitec Pivot Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, December 30th. Shareholders of record on Wednesday, December 4th were issued a dividend of $0.0407 per share. This is an increase from Incitec Pivot’s previous dividend of $0.03. The ex-dividend date of this dividend was Wednesday, December 4th. Incitec Pivot’s dividend payout ratio (DPR) 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.