Beach Energy Limited (OTCMKTS:BCHEY – Get Free Report) shares hit a new 52-week high during trading on Friday . The stock traded as high as $23.01 and last traded at $23.01, with a volume of 170 shares. The stock had previously closed at $20.67.
Beach Energy Stock Up 11.3 %
The stock has a 50 day simple moving average of $19.27 and a 200 day simple moving average of $19.08.
Beach Energy Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, April 12th. Shareholders of record on Thursday, February 29th will be paid a dividend of $0.2295 per share. This is a positive change from Beach Energy’s previous dividend of $0.23. The ex-dividend date of this dividend is Wednesday, February 28th.
About Beach Energy
Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.
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