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Kunlun Energy (OTCMKTS:KLYCY) Announces Dividend of $0.19

Kunlun Energy logo with Energy background

Key Points

  • Kunlun Energy announced a dividend increase to $0.19 per share, with the ex-dividend date set for September 3rd.
  • This new dividend represents a 14.8% increase from the previous dividend of $0.16 and offers a yield of 367.0%.
  • Kunlun Energy's stock rose by 3.6% to open at $9.51, with a 52-week range between $8.85 and $11.69.
  • Five stocks to consider instead of Kunlun Energy.

Kunlun Energy (OTCMKTS:KLYCY - Get Free Report) declared a dividend on Saturday, August 30th, investing.com reports. Stockholders of record on Thursday, September 4th will be given a dividend of 0.185 per share on Friday, November 7th. This represents a dividend yield of 367.0%. The ex-dividend date of this dividend is Wednesday, September 3rd. This is a 14.8% increase from Kunlun Energy's previous dividend of $0.16.

Kunlun Energy Stock Performance

Shares of OTCMKTS KLYCY traded up $0.01 during trading on Wednesday, reaching $9.51. 595 shares of the stock were exchanged, compared to its average volume of 124. The business's 50-day moving average price is $9.71 and its 200 day moving average price is $9.84. Kunlun Energy has a twelve month low of $8.85 and a twelve month high of $11.69. The company has a current ratio of 1.60, a quick ratio of 1.57 and a debt-to-equity ratio of 0.17.

About Kunlun Energy

(Get Free Report)

Kunlun Energy Company Limited, an investment holding company, engages in the exploration, development, production, and sale of crude oil and natural gas. It operates through four segments: Natural Gas Sales; Sales of Liquefied Petroleum Gas (LPG); Liquefied Natural Gas (LNG) Processing and Terminal; and Exploration and Production.

Further Reading

Dividend History for Kunlun Energy (OTCMKTS:KLYCY)

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