Koninklijke Vopak (OTCMKTS:VOPKY) Announces Dividend of $1.10

Koninklijke Vopak (OTCMKTS:VOPKYGet Rating) announced a dividend on Tuesday, April 19th, investing.com reports. Stockholders of record on Monday, April 25th will be given a dividend of 1.1027 per share on Thursday, May 12th. This represents a dividend yield of 3.64%. The ex-dividend date of this dividend is Friday, April 22nd.

Koninklijke Vopak stock opened at $30.31 on Tuesday. Koninklijke Vopak has a 1-year low of $28.17 and a 1-year high of $49.89. The business has a fifty day moving average price of $32.60 and a 200-day moving average price of $35.28.

A number of analysts have recently weighed in on the company. Morgan Stanley lowered their price objective on Koninklijke Vopak to €37.40 ($40.22) in a research report on Monday, April 4th. Zacks Investment Research lowered Koninklijke Vopak from a “hold” rating to a “strong sell” rating in a research note on Thursday, February 3rd. Finally, Jefferies Financial Group lowered Koninklijke Vopak from a “buy” rating to a “hold” rating in a research note on Monday, March 7th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $37.40.

About Koninklijke Vopak (Get Rating)

Koninklijke Vopak N.V., an independent tank storage company, stores and handles liquid chemicals, gases and LNG, oil products, biofuels, and vegetable oils worldwide. It owns and operates specialized facilities, including tanks, jetties, truck loading stations, and pipelines. The company operates 73 terminals in 23 countries with a storage capacity of 36.2 million cubic meters.

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