ATCO Ltd. (OTCMKTS:ACLLF – Get Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $33.01 and traded as high as $34.17. ATCO shares last traded at $34.13, with a volume of 631 shares traded.
ATCO Trading Up 1.2 %
The firm’s 50 day moving average is $33.01 and its 200 day moving average is $33.79.
ATCO Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, February 28th will be given a $0.3504 dividend. This represents a dividend yield of 4.21%. The ex-dividend date of this dividend is Thursday, February 27th. ATCO’s dividend payout ratio (DPR) is currently 24.22%.
About ATCO
ATCO Ltd., together with its subsidiaries, engages in the provision of energy, logistics and transportation, water, food and agriculture, real estate, and shelter services in Canada, Australia, and internationally. The company engages in the electricity and natural gas transmission and distribution, and international electricity operations; energy storage, electricity generation, industrial water solutions, and clean fuels; and electricity and natural gas retail sales, and whole-home solutions.
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