Koninklijke KPN (OTCMKTS:KKPNY) to Issue Dividend of $0.11

Koninklijke KPN (OTCMKTS:KKPNY - Get Free Report) declared a dividend on Friday, January 31st, NASDAQ Dividends reports. Investors of record on Wednesday, April 23rd will be given a dividend of 0.1063 per share by the utilities provider on Monday, May 5th. The ex-dividend date is Wednesday, April 23rd. This is a 80.2% increase from Koninklijke KPN's previous dividend of $0.06.

Koninklijke KPN Trading Down 1.5 %

Shares of KKPNY traded down $0.07 during mid-day trading on Friday, reaching $4.50. 171,761 shares of the company's stock were exchanged, compared to its average volume of 474,635. The business's fifty day simple moving average is $4.15 and its 200-day simple moving average is $3.90. Koninklijke KPN has a 52-week low of $3.40 and a 52-week high of $4.77. The company has a debt-to-equity ratio of 1.46, a quick ratio of 0.68 and a current ratio of 0.70.

Wall Street Analysts Forecast Growth

Separately, Kepler Capital Markets upgraded shares of Koninklijke KPN to a "hold" rating in a research note on Wednesday, April 9th.

Koninklijke KPN Company Profile

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.