OI (OTCMKTS:OIBRQ) Sets New 1-Year High – Here’s What Happened

Oi S.A. (OTCMKTS:OIBRQGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $4.01 and last traded at $4.01, with a volume of 1 shares trading hands. The stock had previously closed at $4.01.

OI Price Performance

The business’s fifty day moving average price is $0.96 and its 200 day moving average price is $0.33.

OI Increases Dividend

The firm also recently announced a dividend, which was paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 8th were issued a $0.0755 dividend. The ex-dividend date was Monday, October 7th. This represents a yield of 1.88%. This is an increase from OI’s previous dividend of $0.00.

OI Company Profile

(Get Free Report)

Oi SA, together with its subsidiaries, provides telecommunication services in Brazil and internationally. The company offers fixed telephony services; domestic and international long-distance services; and maintenance and repair services. It also provides call center and telemarketing, Internet, network, and Wi-Fi Internet services; and financial, and payment and credit system services, as well as consulting services.

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