Barloworld (OTCMKTS:BRRAY) Hits New 1-Year High – Here’s Why

Barloworld Limited (OTCMKTS:BRRAYGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $6.51 and last traded at $5.78, with a volume of 2158 shares changing hands. The stock had previously closed at $4.23.

Barloworld Price Performance

The company’s 50-day moving average price is $4.15 and its 200-day moving average price is $4.30.

Barloworld Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, January 21st. Investors of record on Friday, January 3rd will be given a dividend of $0.1718 per share. The ex-dividend date of this dividend is Friday, January 3rd. This is a positive change from Barloworld’s previous dividend of $0.07.

About Barloworld

(Get Free Report)

Barloworld Limited operates as an industrial processing, distribution, and services company in Southern Africa, Australia, Russia, and Mongolia. The company operates through Equipment Southern Africa, Automotive, Ingrain, Equipment Eurasia, and Other segments. The company offers industrial equipment and services comprising of earthmoving equipment, industrial services, and power systems that enable various mining, construction, and power solutions.

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