Keppel Corp. Announces Dividend of $0.23 (OTCMKTS:KPELY)

Key Points

• Keppel Corp. has declared a dividend of $0.23 per share, which is set to provide a yield of 405.0% for shareholders on record.
• The ex-dividend date for this dividend is August 12, with payment expected to be made on August 28.
• Currently, Keppel's stock is priced at $13.47, showing a trading volume of 3,985 shares against an average of 4,082 shares.

Keppel Corp. (OTCMKTS:KPELY - Get Free Report) announced a dividend on Friday, August 8th, investing.com reports. Investors of record on Wednesday, August 13th will be paid a dividend of 0.2313 per share by the transportation company on Thursday, August 28th. This represents a dividend yield of 405.0%. The ex-dividend date is Tuesday, August 12th.

Keppel Stock Performance

Shares of OTCMKTS KPELY traded down $0.82 during mid-day trading on Tuesday, hitting $13.03. The company had a trading volume of 331 shares, compared to its average volume of 5,447. Keppel has a 12 month low of $7.93 and a 12 month high of $14.00. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 0.92. The firm's 50 day simple moving average is $12.22 and its two-hundred day simple moving average is $10.77.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.