Solvay (OTC:SLVYY) Shares Up 4.7% – Here’s What Happened

Solvay SA (OTC:SLVYYGet Free Report) shares were up 4.7% on Thursday . The company traded as high as $3.11 and last traded at $3.10. Approximately 45,849 shares were traded during trading, a decline of 19% from the average daily volume of 56,324 shares. The stock had previously closed at $2.96.

Solvay Stock Performance

The company has a 50-day moving average of $3.14 and a 200-day moving average of $3.44.

Solvay Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, February 6th. Shareholders of record on Monday, January 27th were issued a $0.0991 dividend. This is a positive change from Solvay’s previous dividend of $0.04. The ex-dividend date of this dividend was Monday, January 27th.

Solvay Company Profile

(Get Free Report)

Solvay SA provides advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aerospace, and healthcare industries; and composite materials for aerospace engineered materials market.

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