Orient Overseas (International) Limited (OROVY) to Issue Semi-Annual Dividend of $6.79 on July 14th

Orient Overseas (International) Limited (OTCMKTS:OROVY) declared a Semi-Annual dividend on Tuesday, April 6th, Zacks reports. Stockholders 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 an increase from Orient Overseas (International)’s previous Semi-Annual dividend of $0.21.

OROVY stock opened at $84.00 on Thursday. The company has a fifty day moving average price of $52.58 and a 200-day moving average price of $41.30. The company has a market capitalization of $10.70 billion, a P/E ratio of 67.74 and a beta of 1.35. Orient Overseas has a 52-week low of $19.39 and a 52-week high of $84.35. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.63 and a current ratio of 1.70.

Separately, Zacks Investment Research downgraded 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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