Shares of Neste Oyj (OTCMKTS:NTOIY – Get Free Report) shot up 2.2% on Monday . The stock traded as high as $7.35 and last traded at $7.35. 223,131 shares traded hands during trading, an increase of 125% from the average session volume of 99,273 shares. The stock had previously closed at $7.19.
Neste Oyj Trading Up 1.0 %
The firm’s fifty day moving average price is $8.38 and its 200-day moving average price is $9.56.
Neste Oyj Increases Dividend
The company also recently declared a dividend, which was paid on Thursday, October 24th. Stockholders of record on Wednesday, October 2nd were issued a dividend of $0.3348 per share. This is an increase from Neste Oyj’s previous dividend of $0.33. The ex-dividend date of this dividend was Wednesday, October 2nd. Neste Oyj’s payout ratio is 45.88%.
About Neste Oyj
Neste Oyj provides renewable diesel and sustainable aviation fuel in Finland, and other Nordic countries, Baltic Rim, other European countries, North and South America, and internationally. The company operates in four segments: Renewable Products, Oil Products, Marketing & Services, and Others. The Renewable Products segment produces, markets, and sells renewable diesel, sustainable aviation fuel, renewable solvents, and feedstock for bioplastics to wholesale markets.
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