Fortum Oyj (OTCMKTS:FOJCY – Get Free Report)’s share price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $3.01 and traded as low as $2.83. Fortum Oyj shares last traded at $2.93, with a volume of 3,057 shares trading hands.
Fortum Oyj Stock Performance
The business’s 50 day simple moving average is $3.01 and its two-hundred day simple moving average is $3.02.
Fortum Oyj Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, October 24th. Shareholders of record on Wednesday, October 2nd were issued a dividend of $0.1272 per share. This is a positive change from Fortum Oyj’s previous dividend of $0.10. The ex-dividend date of this dividend was Wednesday, October 2nd. Fortum Oyj’s dividend payout ratio (DPR) is presently 23.57%.
About Fortum Oyj
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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