Beach Energy (OTCMKTS:BEPTF) Trading Down 2% – What’s Next?

Beach Energy Limited (OTCMKTS:BEPTFGet Free Report)’s stock price traded down 2% during mid-day trading on Monday . The company traded as low as $0.82 and last traded at $0.84. 1,607 shares traded hands during trading, a decline of 45% from the average session volume of 2,919 shares. The stock had previously closed at $0.85.

Beach Energy Stock Performance

The company’s 50-day moving average price is $0.81 and its 200-day moving average price is $0.96.

Beach Energy Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, August 30th were paid a $0.02 dividend. This represents a dividend yield of 1.59%. The ex-dividend date was Thursday, August 29th. Beach Energy’s payout ratio is currently 38.51%.

About Beach Energy

(Get Free Report)

Beach Energy Limited operates as an oil and gas exploration and production company. It engages in the operated and non-operated, onshore and offshore, and oil and gas production in five producing basins across Australia and New Zealand. The company also explores, develops, produces, and transports hydrocarbons; and sells gas and liquid hydrocarbons.

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