Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI) to Issue Dividend of $2.15

Key Points

• Kaspi.kz will pay a $2.149-per-share dividend to shareholders of record on September 10, with payment scheduled for September 7. The payout is up 19.5% from the previous $1.80 dividend.
• KSPI shares opened at $107.53, near their 52-week high of $109.94, with a market capitalization of approximately $20.43 billion and a P/E ratio of 9.79.
• Institutional investors and hedge funds own 32.2% of the company, with several major funds recently increasing their positions, including Ameriprise Financial, which expanded its stake by more than 1,500%.

Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI - Get Free Report) announced a dividend on Thursday, August 13th. Stockholders of record on Thursday, September 10th will be given a dividend of 2.149 per share on Monday, September 7th. The ex-dividend date is Thursday, September 10th. This is a 19.5% increase from Joint Stock Company Kaspi.kz's previous dividend of $1.80.

Joint Stock Company Kaspi.kz Price Performance

Shares of NASDAQ:KSPI opened at $107.53 on Tuesday. The company has a market cap of $20.43 billion, a P/E ratio of 9.79 and a beta of 1.02. The business has a fifty day simple moving average of $94.82 and a 200-day simple moving average of $85.79. Joint Stock Company Kaspi.kz has a 52 week low of $68.59 and a 52 week high of $109.94.

Institutional Trading of Joint Stock Company Kaspi.kz

Several large investors have recently added to or reduced their stakes in KSPI. Ameriprise Financial Inc. raised its position in Joint Stock Company Kaspi.kz by 1,518.9% in the third quarter. Ameriprise Financial Inc. now owns 869,201 shares of the company's stock valued at $70,996,000 after purchasing an additional 815,509 shares during the period. Russell Investments Group Ltd. boosted its position in shares of Joint Stock Company Kaspi.kz by 21.4% in the fourth quarter. Russell Investments Group Ltd. now owns 186,320 shares of the company's stock worth $14,557,000 after buying an additional 32,820 shares during the period. Public Employees Retirement System of Ohio grew its stake in shares of Joint Stock Company Kaspi.kz by 16.4% in the fourth quarter. Public Employees Retirement System of Ohio now owns 167,125 shares of the company's stock valued at $13,057,000 after buying an additional 23,500 shares in the last quarter. Capricorn Fund Managers Ltd grew its stake in shares of Joint Stock Company Kaspi.kz by 599.4% in the first quarter. Capricorn Fund Managers Ltd now owns 118,900 shares of the company's stock valued at $8,807,000 after buying an additional 101,900 shares in the last quarter. Finally, Euro Pacific Asset Management LLC purchased a new stake in shares of Joint Stock Company Kaspi.kz during the 1st quarter valued at about $2,365,000. 32.20% of the stock is currently owned by institutional investors and hedge funds.

Joint Stock Company Kaspi.kz Company Profile

Joint Stock Company Kaspi.kz is a leading financial technology and e-commerce group headquartered in Almaty, Kazakhstan. The company has built one of the country’s largest digital ecosystems, offering a suite of integrated services that span consumer banking, payments, online marketplaces and merchant acquiring. Through its mobile and web platforms, Kaspi.kz aims to simplify everyday financial and shopping activities for individuals and businesses across Kazakhstan.

The company’s core offerings include digital banking solutions such as deposit accounts, digital wallets and money transfers, alongside consumer lending products that enable point-of-sale financing and “buy now, pay later” purchases.

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