Kenon Holdings Ltd. Plans Annual Dividend of $3.85 (NYSE:KEN)

Key Points

• Kenon declared an annual dividend of $3.85 per share, with the ex‑dividend and record date on April 13 and payment scheduled for April 20, reflecting a reported yield of 482.0%.
• Kenon reported quarterly EPS of $0.50 on revenue of $228 million, and the stock has a market capitalization of about $4.17 billion with a P/E near 103.8 and a 1‑year range of $27.10–$87.60.
• The company has raised its dividend modestly (about 0.2% average annual growth over three years, with two consecutive annual increases) and carries an average analyst rating of Hold (Weiss Ratings reaffirmed a "hold (c)").

Kenon Holdings Ltd. (NYSE:KEN - Get Free Report) declared an annual dividend on Monday, March 30th. Investors of record on Monday, April 13th will be paid a dividend of 3.85 per share by the utilities provider on Monday, April 20th. This represents a yield of 482.0%. The ex-dividend date of this dividend is Monday, April 13th.

Kenon has raised its dividend by an average of 0.2%annually over the last three years and has increased its dividend annually for the last 2 consecutive years.

Kenon Stock Performance

Kenon stock opened at $79.90 on Tuesday. The company has a debt-to-equity ratio of 0.66, a current ratio of 3.10 and a quick ratio of 4.66. The firm has a market capitalization of $4.17 billion, a P/E ratio of 103.76 and a beta of 1.14. Kenon has a 1-year low of $27.10 and a 1-year high of $87.60. The company's 50-day moving average is $78.78 and its 200 day moving average is $63.99.

Kenon (NYSE:KEN - Get Free Report) last announced its earnings results on Monday, March 30th. The utilities provider reported $0.50 earnings per share (EPS) for the quarter. Kenon had a return on equity of 2.84% and a net margin of 11.53%.The business had revenue of $228.00 million during the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Kenon in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold".

Kenon Company Profile

Kenon Holdings Ltd. NYSE: KEN is a global investment holding company incorporated in Jersey, Channel Islands, with listings on the New York Stock Exchange and the Tel Aviv Stock Exchange. The company focuses on infrastructure and energy-related businesses, seeking to generate long-term value through stable cash flows and strategic growth. Kenon’s diversified portfolio spans power generation assets, midstream energy infrastructure and related services across multiple regions.

One of Kenon’s principal assets is QPI Ltd., an energy company based in Israel that owns and operates a combined-cycle, gas-fired power plant and an adjacent liquefied natural gas (LNG) import and regasification terminal at the Port of Ashdod.

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