Keppel (OTCMKTS:KPELF) Stock Price Passes Below 50-Day Moving Average – Should You Sell?

Keppel Ltd. (OTCMKTS:KPELF)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $4.93 and traded as low as $4.61. Keppel shares last traded at $4.61, with a volume of 12,000 shares trading hands.

Keppel Trading Down 3.0%

The business’s fifty day simple moving average is $4.92 and its two-hundred day simple moving average is $4.90.

Keppel Increases Dividend

The business also recently declared a dividend, which was paid on Friday, May 9th. Investors of record on Tuesday, April 29th were given a $0.19 dividend. The ex-dividend date was Monday, April 28th. This is a boost from Keppel’s previous dividend of $0.15. This represents a yield of 5.29%. Keppel’s payout ratio is 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.