Keppel (OTCMKTS:KPELY) Sets New 1-Year High After Dividend Announcement

Keppel Co. Limited (OTCMKTS:KPELYGet Rating) reached a new 52-week high during trading on Thursday following a dividend announcement from the company. The company traded as high as $9.85 and last traded at $9.82, with a volume of 768 shares traded. The stock had previously closed at $9.84.

The newly announced dividend which will be paid on Thursday, May 19th. Stockholders of record on Thursday, April 28th will be given a $0.31 dividend. This is a positive change from Keppel’s previous dividend of $0.15. The ex-dividend date of this dividend is Wednesday, April 27th. This represents a dividend yield of 4.94%.

The company has a debt-to-equity ratio of 0.55, a current ratio of 1.24 and a quick ratio of 0.86. The firm has a 50-day moving average price of $9.29 and a 200 day moving average price of $8.34.

Keppel Company Profile (OTCMKTS:KPELY)

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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