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Keppel (OTCMKTS:KPELY) Hits New 12-Month High - Here's What Happened

Keppel logo with Transportation background

Key Points

  • Keppel Corp. (OTCMKTS:KPELY) has reached a new 52-week high, trading at $14.00 before settling at $13.25, an increase from its previous close of $12.79.
  • The company recently declared a dividend of $0.2313, with a yield of 405.0%, to be paid on August 28th.
  • Keppel operates in the infrastructure, real estate, and connectivity sectors, managing private funds and listed real estate investment trusts internationally.
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Keppel Corp. (OTCMKTS:KPELY - Get Free Report)'s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as $14.00 and last traded at $13.25, with a volume of 975 shares. The stock had previously closed at $12.79.

Keppel Price Performance

The business's 50 day simple moving average is $12.46 and its 200 day simple moving average is $10.88. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 0.92.

Keppel Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, August 28th. Investors of record on Wednesday, August 13th will be given a $0.2313 dividend. The ex-dividend date is Tuesday, August 12th. This represents a yield of 405.0%.

About Keppel

(Get Free Report)

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.

Further Reading

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