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Singapore Telecommunications (OTCMKTS:SGAPY) Hits New 1-Year High - What's Next?

Singapore Telecommunications logo with Utilities background

Key Points

  • Singapore Telecommunications Ltd. shares reached a new 52-week high of $34.97, with a trading volume of 110 shares and a previous close at $34.31.
  • The company recently declared a dividend of $0.7534, representing a significant increase from the prior dividend of $0.66, yielding 430.0%.
  • Singtel provides a range of telecommunication services across multiple regions including Singapore, Australia, and China, with operations in mobile, fixed voice, and ICT services.
  • MarketBeat previews top five stocks to own in November.

Singapore Telecommunications Ltd. (OTCMKTS:SGAPY - Get Free Report) shares reached a new 52-week high during trading on Monday . The company traded as high as $34.97 and last traded at $34.97, with a volume of 110 shares trading hands. The stock had previously closed at $34.31.

Singapore Telecommunications Price Performance

The company has a debt-to-equity ratio of 0.39, a current ratio of 0.98 and a quick ratio of 0.94. The stock's 50-day moving average is $32.50 and its 200 day moving average is $29.98.

Singapore Telecommunications Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, August 26th. Investors of record on Monday, August 4th were given a $0.7534 dividend. The ex-dividend date was Friday, August 1st. This represents a dividend yield of 430.0%. This is an increase from Singapore Telecommunications's previous dividend of $0.66.

Singapore Telecommunications Company Profile

(Get Free Report)

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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