Orica Limited (ASX:ORI) Plans Dividend Increase – $0.28 Per Share

Orica Limited (ASX:ORI) declared a final dividend on Friday, November 15th,MarketIndexAU Dividends reports. Investors of record on Sunday, December 22nd will be paid a dividend of 0.28 per share on Sunday, December 22nd. This represents a yield of 1.55%. The ex-dividend date is Thursday, November 21st. This is an increase from Orica’s previous final dividend of $0.25.

Orica Price Performance

The company has a current ratio of 1.69, a quick ratio of 0.92 and a debt-to-equity ratio of 50.04.

Insider Buying and Selling

In other news, insider Vanessa Guthrie acquired 3,970 shares of the business’s stock in a transaction that occurred on Thursday, August 29th. The stock was purchased at an average cost of A$18.00 ($11.61) per share, for a total transaction of A$71,452.06 ($46,098.10). 0.24% of the stock is currently owned by company insiders.

Orica Company Profile

Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.