Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Plans Dividend Increase – $0.03 Per Share

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) declared a dividend on Saturday, April 20th, NASDAQ reports. Investors of record on Monday, April 29th will be given a dividend of 0.0331 per share by the basic materials company on Wednesday, May 8th. The ex-dividend date is Friday, April 26th. This is a boost from Orbia Advance’s previous dividend of $0.002919.

Orbia Advance Price Performance

MXCHY opened at $3.71 on Thursday. The stock’s 50 day simple moving average is $4.01 and its 200 day simple moving average is $4.02. The company has a debt-to-equity ratio of 1.42, a quick ratio of 1.20 and a current ratio of 1.64. Orbia Advance has a 1 year low of $3.15 and a 1 year high of $5.48.

About Orbia Advance

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluorinated, polymer, and connectivity sectors worldwide. The company offers irrigation systems, agricultural and greenhouse projects, digital farming technologies, and related services; and connectivity solutions, including conduits, cable-in conduit, and other HDPE products and solutions.