Fortum Oyj (OTCMKTS:FOJCY – Get Free Report)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $3.13 and traded as low as $2.98. Fortum Oyj shares last traded at $3.06, with a volume of 4,342 shares changing hands.
Fortum Oyj Trading Up 1.0 %
The stock’s 50-day simple moving average is $3.13 and its 200-day simple moving average is $2.98.
Fortum Oyj Increases Dividend
The business also recently declared a dividend, which will be paid on Thursday, October 24th. Investors of record on Wednesday, October 2nd will be paid a $0.1272 dividend. This is an increase from Fortum Oyj’s previous dividend of $0.10. The ex-dividend date is Wednesday, October 2nd. Fortum Oyj’s dividend payout ratio is presently 23.57%.
Fortum Oyj Company Profile
Fortum Oyj, together with its subsidiaries, engages in the generation and sale of electricity and heat in the Nordic countries, Sweden, Germany, the United Kingdom, the Netherlands, and internationally. The company's Generation segment generates power through nuclear, hydro, wind, and solar power; and provides district heating and cooling, and decarbonization services.
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