Koninklijke KPN NV (OTCMKTS:KKPNY) to Issue Dividend of $0.07

Key Points

• Koninklijke KPN NV announced a dividend of $0.07 per share, with shareholders of record receiving payment on August 8th.
• The company has a significant dividend yield of 358.0%, indicating strong returns for investors.
• Currently, Koninklijke KPN's shares are trading around $4.48, with a one-year price range between $3.40 and $4.94.

Koninklijke KPN NV (OTCMKTS:KKPNY - Get Free Report) declared a dividend on Friday, August 1st, investing.com reports. Shareholders of record on Thursday, August 7th will be paid a dividend of 0.0682 per share by the utilities provider on Friday, August 8th. This represents a yield of 358.0%. The ex-dividend date is Wednesday, August 6th.

Koninklijke KPN Price Performance

Shares of Koninklijke KPN stock opened at $4.48 on Friday. Koninklijke KPN has a 1 year low of $3.40 and a 1 year high of $4.94. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.60 and a quick ratio of 0.58. The company's fifty day moving average is $4.78 and its two-hundred day moving average is $4.33.

About Koninklijke KPN

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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