Shares of ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $32.28 and traded as high as $34.39. ATCO shares last traded at $34.39, with a volume of 2,677 shares.
ATCO Price Performance
The business’s 50 day moving average price is $32.28 and its 200-day moving average price is $29.67.
ATCO Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Friday, September 6th will be issued a dividend of $0.3598 per share. This is a positive change from ATCO’s previous dividend of $0.36. This represents a yield of 4.31%. The ex-dividend date of this dividend is Thursday, September 5th. ATCO’s payout ratio is presently 24.22%.
ATCO Company Profile
ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.
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