Keppel (OTCMKTS:KPELF) Stock Price Down 3%

Keppel Ltd. (OTCMKTS:KPELF) shares dropped 3% on Monday . The company traded as low as $4.64 and last traded at $4.64. Approximately 7,450 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 216,321 shares. The stock had previously closed at $4.78.

Keppel Price Performance

The firm’s 50 day moving average is $4.82 and its 200 day moving average is $5.09.

Keppel Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, May 8th. Stockholders of record on Friday, April 26th were given a $0.19 dividend. This represents a dividend yield of 4.82%. The ex-dividend date of this dividend was Thursday, April 25th. Keppel’s dividend payout ratio is presently 41.71%.

About Keppel

Keppel Ltd., an investment holding company, engages in the infrastructure, real estate, and connectivity business in Singapore, China, Hong Kong, other far East and ASEAN countries, and internationally. The company operates through, Infrastructure, Real Estate, and Connectivity. It manages private funds and listed real estate investment and business trusts, in areas of infrastructure, real estate, and connectivity; energy and environmental solutions and services, including commercial power generation, renewables, environmental engineering and construction, and infrastructure; operation and maintenance; property development and investment; master development; sustainable and innovative urban space solutions; and system integration solutions and services.