Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHY) Plans Dividend of $0.01

Orbia Advance Co., S.A.B. de C.V. (OTCMKTS:MXCHYGet Rating) declared a dividend on Friday, June 17th, investing.com reports. Investors of record on Friday, June 24th will be paid a dividend of 0.0136 per share by the basic materials company on Wednesday, June 29th. This represents a dividend yield of 5.18%. The ex-dividend date of this dividend is Thursday, June 23rd. This is an increase from Orbia Advance’s previous dividend of $0.0055457.

Shares of Orbia Advance stock opened at $4.71 on Friday. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.92 and a current ratio of 1.41. Orbia Advance has a twelve month low of $4.28 and a twelve month high of $6.50. The business has a 50-day moving average price of $5.03 and a 200 day moving average price of $5.06.

Separately, Scotiabank reiterated a “sector perform” rating on shares of Orbia Advance in a report on Wednesday, April 27th.

Orbia Advance Company Profile (Get Rating)

Orbia Advance Corporation, SAB. de C.V. provides products and solutions for precision agriculture, building and infrastructure, fluor, polymer, and data communications sectors worldwide. The company offers irrigation systems, digital agricultural technologies, and related services; and data communications infrastructure, including conduits, and cables and fiber optics, as well as pressurized pipes for natural gas and other solutions.

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Dividend History for Orbia Advance (OTCMKTS:MXCHY)

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