Keppel (OTCMKTS:KPELY) Reaches New 1-Year High - Time to Buy?

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.

Keppel Corp. (OTCMKTS:KPELY - Get Free Report)'s share price reached 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 changing hands. The stock had previously closed at $12.79.

Keppel Stock Performance

The company has a debt-to-equity ratio of 0.92, a current ratio of 1.39 and a quick ratio of 0.98. The business has a fifty day simple moving average of $12.60 and a two-hundred day simple moving average of $10.97.

Keppel Cuts Dividend

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

Keppel Company Profile

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.