Iluka Resources (OTCMKTS:ILKAY) Trading Up 0.3% – Here’s Why

Iluka Resources Limited (OTCMKTS:ILKAYGet Free Report)’s share price shot up 0.3% during trading on Wednesday . The stock traded as high as $21.41 and last traded at $21.41. 343 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 4,493 shares. The stock had previously closed at $21.3450.

Iluka Resources Stock Performance

The stock has a 50 day moving average price of $22.76 and a 200 day moving average price of $18.49.

Iluka Resources Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, October 10th. Investors of record on Thursday, September 4th were given a dividend of $0.0515 per share. The ex-dividend date was Wednesday, September 3rd. This represents a yield of 74.0%. Iluka Resources’s dividend payout ratio (DPR) is currently -203.84%.

Iluka Resources Company Profile

(Get Free Report)

Iluka Resources Limited engages in the exploration, project development, mining, processing, marketing, and rehabilitation of mineral sands in Australia, China, rest of Asia, Europe, the Americas, and internationally. It operates through Jacinth-Ambrosia/Mid-West, Cataby/South West, Rare Earths, and United States/Murray Basin segments.

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