Origin Energy (OTCMKTS:OGFGY) Shares Pass Above 50 Day Moving Average – Should You Sell?

Origin Energy Limited (OTCMKTS:OGFGYGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $6.44 and traded as high as $7.00. Origin Energy shares last traded at $6.59, with a volume of 3,702 shares changing hands.

Origin Energy Stock Performance

The stock has a fifty day simple moving average of $6.43 and a two-hundred day simple moving average of $6.48.

Origin Energy Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, October 11th. Shareholders of record on Friday, September 6th will be issued a dividend of $0.1458 per share. This is an increase from Origin Energy’s previous dividend of $0.14. The ex-dividend date is Friday, September 6th. Origin Energy’s dividend payout ratio (DPR) is presently 88.17%.

About Origin Energy

(Get Free Report)

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.

Further Reading

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