Keppel (OTCMKTS:KPELY) Sets New 52-Week High After Dividend Announcement

Keppel Co. Limited (OTCMKTS:KPELYGet Rating)’s share price reached a new 52-week high on Wednesday after the company announced a dividend. The company traded as high as $10.12 and last traded at $10.12, with a volume of 3606 shares traded. The stock had previously closed at $9.91.

The newly announced dividend which will be paid on Friday, August 26th. Investors of record on Wednesday, August 10th will be paid a dividend of $0.2167 per share. The ex-dividend date is Tuesday, August 9th. This represents a yield of 5.22%.

Keppel Stock Up 2.1 %

The company has a 50 day moving average price of $9.62 and a 200-day moving average price of $9.33. The company has a quick ratio of 0.86, a current ratio of 1.24 and a debt-to-equity ratio of 0.55.

Keppel Company Profile

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Keppel Corporation Limited, an investment holding company, engages in the offshore and marine, property, infrastructure, and investment businesses in Singapore, China, Hong Kong, Brazil, and internationally. It constructs, fabricates, and repairs offshore production facilities and drilling rigs, power barges, specialized vessels, and other offshore production facilities; engineers, constructs, and fabricates platforms for the oil and gas sector; undertakes shipyard works and other general business activities; and procures equipment and materials for the construction of offshore production facilities.

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