Kepler Capital Markets upgraded shares of Koninklijke KPN (OTCMKTS:KKPNY – Free Report) to a hold rating in a research report sent to investors on Wednesday,Zacks.com reports.
Koninklijke KPN Price Performance
Shares of KKPNY opened at $4.46 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.70 and a debt-to-equity ratio of 1.46. Koninklijke KPN has a 1 year low of $3.40 and a 1 year high of $4.50. The company has a 50 day simple moving average of $3.96 and a two-hundred day simple moving average of $3.86.
Koninklijke KPN Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, May 5th. Shareholders of record on Wednesday, April 23rd will be issued a dividend of $0.1063 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This is a boost from Koninklijke KPN’s previous dividend of $0.06.
About Koninklijke KPN
Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.
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