Oci Resources Director Angela A. Minas Acquires 2,500 Shares (OCIR)
Oci Resources (NASDAQ:OCIR) Director Angela A. Minas acquired 2,500 shares of Oci Resources stock in a transaction that occurred on Wednesday, August 13th. The shares were purchased at an average price of $23.60 per share, with a total value of $59,000.00. Following the completion of the purchase, the director now directly owns 10,462 shares of the company’s stock, valued at approximately $246,903. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Shares of Oci Resources (NASDAQ:OCIR) traded up 0.81% during mid-day trading on Wednesday, hitting $23.74. 13,387 shares of the company’s stock traded hands. Oci Resources has a 1-year low of $17.76 and a 1-year high of $26.19. The stock’s 50-day moving average is $24.82 and its 200-day moving average is $22.99. The company has a market cap of $474.2 million and a P/E ratio of 19.54.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 14th. Shareholders of record on Friday, August 1st will be paid a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a dividend yield of 8.42%. The ex-dividend date is Wednesday, July 30th.
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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