Oci Resources LP Plans Quarterly Dividend of $0.50 (OCIR)
Oci Resources (NASDAQ:OCIR) announced a quarterly dividend on Thursday, July 17th, Analyst RN reports. Stockholders of record on Friday, August 1st will be paid a dividend of 0.50 per share on Thursday, August 14th. This represents a $2.00 annualized dividend and a dividend yield of 8.13%.
Oci Resources (NASDAQ:OCIR) traded up 1.55% on Thursday, hitting $24.9822. The stock had a trading volume of 1,668 shares. Oci Resources has a 52 week low of $17.76 and a 52 week high of $26.19. The stock has a 50-day moving average of $25.0 and a 200-day moving average of $22.49. The company has a market cap of $498.5 million and a P/E ratio of 25.49.
Oci Resources (NASDAQ:OCIR) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.58 by $0.06. The company had revenue of $116.20 million for the quarter, compared to the consensus estimate of $118.43 million. Analysts expect that Oci Resources will post $2.18 EPS for the current fiscal year.
Oci Resources LP is a limited partnership formed by OCI Holdings to operate the trona ore mining and soda ash production business of OCI Wyoming.
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