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Keppel (OTCMKTS:KPELY) Hits New 12-Month High - What's Next?

Keppel logo with Transportation background

Key Points

  • Keppel Corp. (OTCMKTS:KPELY) shares reached a new 52-week high at $14.10 during mid-day trading, reflecting a significant increase from the previous close of $13.08.
  • The company announced a dividend of $0.2313 per share with a remarkable dividend yield of 405.0%, to be paid on August 28th.
  • Keppel operates in various sectors including infrastructure, real estate, and connectivity across several regions, managing private funds and investment trusts related to these areas.
  • Want stock alerts on Keppel? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Keppel Corp. (OTCMKTS:KPELY - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.10 and last traded at $14.10, with a volume of 1624 shares trading hands. The stock had previously closed at $13.08.

Keppel Price Performance

The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.98 and a current ratio of 1.39. The stock's 50 day simple moving average is $12.82 and its 200 day simple moving average is $11.08.

Keppel Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 28th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.2313 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a dividend 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.

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