Beach Energy Limited (OTCMKTS:BEPTF) Plans Dividend Increase – $0.03 Per Share

Beach Energy Limited (OTCMKTS:BEPTF) declared a dividend on Friday, February 21st, investing.com reports. Stockholders of record on Friday, February 28th will be paid a dividend of 0.03 per share on Monday, March 31st. This represents a dividend yield of 3.62%. The ex-dividend date of this dividend is Thursday, February 27th. This is a positive change from Beach Energy’s previous dividend of $0.02.

Beach Energy Stock Performance

Shares of BEPTF opened at $0.88 on Friday. The company’s 50 day simple moving average is $0.89 and its 200-day simple moving average is $0.85. Beach Energy has a 12-month low of $0.72 and a 12-month high of $1.24.

Beach Energy Company Profile

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.