ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $35.99 and traded as high as $37.36. ATCO shares last traded at $37.26, with a volume of 4,604 shares trading hands.
ATCO Trading Down 0.7%
The business’s 50 day moving average is $35.99 and its two-hundred day moving average is $34.28.
ATCO Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 30th. Investors of record on Friday, May 30th will be paid a dividend of $0.3603 per share. This is a boost from ATCO’s previous dividend of $0.35. This represents a dividend yield of 3.89%. The ex-dividend date is Thursday, May 29th. ATCO’s payout ratio is currently 24.22%.
About ATCO
ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.
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