Orient Overseas (International) Limited (OTCMKTS:OROVY) Declares Dividend Increase – $6.79 Per Share

Orient Overseas (International) Limited (OTCMKTS:OROVY) announced a Semi-Annual dividend on Tuesday, April 6th, Zacks reports. Investors of record on Wednesday, May 26th will be given a dividend of 6.793 per share on Wednesday, July 14th. The ex-dividend date is Tuesday, May 25th. This is a positive change from Orient Overseas (International)’s previous Semi-Annual dividend of $0.21.

Shares of OROVY opened at $84.00 on Thursday. Orient Overseas has a 12 month low of $19.39 and a 12 month high of $84.35. The company has a 50-day moving average price of $52.58 and a two-hundred day moving average price of $41.30. The company has a quick ratio of 1.63, a current ratio of 1.70 and a debt-to-equity ratio of 0.19. The stock has a market cap of $10.70 billion, a price-to-earnings ratio of 67.74 and a beta of 1.35.

Separately, Zacks Investment Research lowered shares of Orient Overseas (International) from a “strong-buy” rating to a “hold” rating in a research note on Saturday, March 13th.

Orient Overseas (International) Company Profile

Orient Overseas (International) Limited, an investment holding company, provides container transport and logistics services in Asia, Europe, Australia, North America, and internationally. The company offers trunk and intermodal services; freight management services and IT solutions; supply-chain management and distribution services; and containerized shipping services in various trade lanes comprising Trans-Pacific, Trans-Atlantic, Asia/Europe, Asia/Australia, and Intra-Asia trades.

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Dividend History for Orient Overseas (International) (OTCMKTS:OROVY)

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