Singapore Telecommunications Ltd. (OTCMKTS:SGAPY) to Issue Dividend Increase - $0.75 Per Share

Key Points

• Singapore Telecommunications Ltd. will increase its dividend payout to $0.75 per share, a 13.6% increase from the previous dividend of $0.66.
• The ex-dividend date is set for Friday, August 1st, and the dividend will be paid on Tuesday, August 26th, to stockholders of record on August 4th.
• As of the latest data, shares of Singapore Telecommunications opened at $32.50, with a 12-month price range between $20.90 and $33.24.

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY - Get Free Report) declared a dividend on Friday, July 25th, investing.com reports. Stockholders of record on Monday, August 4th will be paid a dividend of 0.7534 per share on Tuesday, August 26th. This represents a dividend yield of 4.3%. The ex-dividend date is Friday, August 1st. This is a 13.6% increase from Singapore Telecommunications's previous dividend of $0.66.

Singapore Telecommunications Price Performance

Shares of OTCMKTS:SGAPY opened at $32.50 on Friday. The company has a quick ratio of 0.94, a current ratio of 0.98 and a debt-to-equity ratio of 0.39. Singapore Telecommunications has a 12-month low of $20.90 and a 12-month high of $33.24. The stock's 50-day moving average price is $30.62 and its 200-day moving average price is $27.47.

Singapore Telecommunications Company Profile

Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers and small businesses in Singapore, Australia, China, and internationally. The company operates through Optus, Singtel Singapore, NCS, Digital InfraCo, and Corporate segments. The company provides mobile, equipment sales, fixed voice and data, satellite, ICT and managed services; mobile, fixed voice and data, pay television, content and digital services, ICT as well as equipment sales in Singapore; and provides differentiated and end-to-end technology services to clients through its Gov+, Enterprise, and Telco+ strategic business groups with its NEXT capabilities in digital, data, cloud and platforms, as well as offers applications, infrastructure, engineering and cyber.

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