Beach Energy Limited (OTCMKTS:BCHEY) to Issue Dividend Increase – $0.38 Per Share

Beach Energy Limited (OTCMKTS:BCHEYGet Free Report) announced a dividend on Monday, February 10th,NASDAQ Dividends reports. Stockholders of record on Friday, February 28th will be given a dividend of 0.3769 per share on Tuesday, April 15th. The ex-dividend date is Friday, February 28th. This is a boost from Beach Energy’s previous dividend of $0.21.

Beach Energy Stock Performance

BCHEY stock remained flat at $15.95 on Tuesday. Beach Energy has a twelve month low of $14.55 and a twelve month high of $23.01. The business’s 50 day moving average price is $15.95 and its two-hundred day moving average price is $17.00.

Wall Street Analyst Weigh In

Separately, Citigroup cut shares of Beach Energy from a “strong-buy” rating to a “strong sell” rating in a research note on Wednesday, January 15th.

Get Our Latest Analysis on Beach Energy

Beach Energy Company Profile

(Get Free Report)

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.

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Dividend History for Beach Energy (OTCMKTS:BCHEY)

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