BlueScope Steel (OTCMKTS:BLSFY) Trading Down 6.4% – Should You Sell?

BlueScope Steel Limited (OTCMKTS:BLSFYGet Free Report)’s share price dropped 6.4% on Thursday . The company traded as low as $69.00 and last traded at $69.00. Approximately 2,035 shares changed hands during trading, an increase of 120% from the average daily volume of 927 shares. The stock had previously closed at $73.75.

BlueScope Steel Stock Performance

The company’s 50-day moving average is $70.31 and its 200-day moving average is $70.60.

BlueScope Steel Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, October 30th. Investors of record on Wednesday, September 11th will be given a dividend of $0.9603 per share. This is an increase from BlueScope Steel’s previous dividend of $0.77. The ex-dividend date is Wednesday, September 11th.

About BlueScope Steel

(Get Free Report)

BlueScope Steel Limited produces and sells metal coated and painted steel building products in Australia, New Zealand, Asia, North America, and internationally. The company operates through five segments: Australian Steel Products, North Star BlueScope Steel, Coated Products Asia, Buildings and Coated Products North America, and New Zealand & Pacific Islands.

Further Reading

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