Origin Energy Limited (OTCMKTS:OGFGY – Get Free Report)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty 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 Price Performance
The business 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 disclosed a dividend, which will be paid on Friday, April 11th. Stockholders of record on Wednesday, March 5th will be issued a dividend of $0.188 per share. This is an increase from Origin Energy’s previous dividend of $0.15. The ex-dividend date is Wednesday, March 5th. Origin Energy’s payout ratio is currently 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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