Orica Limited (ASX:ORI) Plans Dividend Increase – $0.28 Per Share

Orica Limited (ASX:ORIGet Free Report) declared a final dividend on Friday, November 15th,MarketIndexAU Dividends reports. Stockholders of record on Sunday, December 22nd will be paid a dividend of 0.28 per share on Sunday, December 22nd. This represents a dividend yield of 1.55%. The ex-dividend date of this dividend is Thursday, November 21st. This is a positive change from Orica’s previous final dividend of $0.25.

Orica Stock Performance

The company has a debt-to-equity ratio of 50.04, a quick ratio of 0.92 and a current ratio of 1.69.

Insider Activity at Orica

In other news, insider Vanessa Guthrie bought 3,970 shares of the stock in a transaction dated Thursday, August 29th. The stock was bought at an average cost of A$18.00 ($11.84) per share, with a total value of A$71,452.06 ($47,007.93). Insiders own 0.24% of the company’s stock.

About Orica

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Orica Limited manufactures, distributes, and sells commercial blasting systems, mining and tunnelling support systems, and various chemical products and services in Australia, Peru, the United States, and internationally. The company provides 4D bulk explosives systems, packaged explosives, initiating systems, boosters, and seismic explosive ranges; technical services and solutions; and supplementary services.

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Dividend History for Orica (ASX:ORI)

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