Origin Energy (OTCMKTS:OGFGY) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Origin Energy Limited (OTCMKTS:OGFGYGet Free Report)’s stock price passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $6.58 and traded as high as $6.67. Origin Energy shares last traded at $6.67, with a volume of 512 shares changing hands.

Origin Energy Stock Up 6.7 %

The firm’s 50-day moving average is $6.68 and its two-hundred day moving average is $6.58.

Origin Energy Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 11th. Investors of record on Wednesday, March 5th will be given a $0.188 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This is a boost from Origin Energy’s previous dividend of $0.15. Origin Energy’s payout ratio is 88.17%.

Origin Energy Company Profile

(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.

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