Singapore Airlines Limited (OTCMKTS:SINGF – Get Free Report) traded up 6% during trading on Friday . The stock traded as high as $5.67 and last traded at $5.67. 4,900 shares changed hands during mid-day trading, an increase of 53% from the average session volume of 3,202 shares. The stock had previously closed at $5.35.
Singapore Airlines Stock Up 6.0%
The firm has a fifty day moving average price of $5.41 and a 200 day moving average price of $5.16.
Singapore Airlines Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Monday, August 11th will be issued a dividend of $0.30 per share. The ex-dividend date of this dividend is Friday, August 8th. This represents a yield of 581.0%. This is a positive change from Singapore Airlines’s previous dividend of $0.10. Singapore Airlines’s payout ratio is 122.81%.
About Singapore Airlines
Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.
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