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

Beach Energy Limited (OTCMKTS:BEPTF) announced 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 is Thursday, February 27th. This is a positive change from Beach Energy’s previous dividend of $0.02.

Beach Energy Price Performance

Shares of OTCMKTS:BEPTF opened at $0.88 on Tuesday. The business’s 50 day moving average is $0.89 and its 200-day moving average is $0.84. Beach Energy has a 1-year low of $0.72 and a 1-year high of $1.24.

About Beach Energy

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.