Singapore Airlines Limited (OTCMKTS:SINGF – Get Free Report)’s share price shot up 6% on Friday . The company traded as high as $5.67 and last traded at $5.67. 4,900 shares were traded during trading, an increase of 53% from the average session volume of 3,202 shares. The stock had previously closed at $5.35.
Singapore Airlines Trading Up 6.0%
The stock has a fifty day simple moving average of $5.41 and a two-hundred day simple moving average of $5.16.
Singapore Airlines Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, August 27th. Stockholders of record on Monday, August 11th will be given a dividend of $0.30 per share. This is a boost from Singapore Airlines’s previous dividend of $0.10. The ex-dividend date of this dividend is Friday, August 8th. This represents a dividend yield of 581.0%. Singapore Airlines’s payout ratio is currently 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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