Kenon Holdings Ltd. (KEN) To Go Ex-Dividend on April 5th

Kenon Holdings Ltd. (NYSE:KEN) announced a — dividend on Tuesday, March 26th, Wall Street Journal reports. Stockholders of record on Monday, April 8th will be paid a dividend of 3.80 per share by the utilities provider on Monday, April 15th. This represents a dividend yield of 10.5%. The ex-dividend date of this dividend is Friday, April 5th. This is a boost from Kenon’s previous — dividend of $2.79.

Kenon Stock Performance

Shares of Kenon stock opened at $26.40 on Thursday. Kenon has a 52-week low of $17.64 and a 52-week high of $32.39. The company has a fifty day moving average of $24.89 and a 200-day moving average of $23.34. The company has a quick ratio of 2.79, a current ratio of 2.79 and a debt-to-equity ratio of 0.61.

Institutional Investors Weigh In On Kenon

Institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in Kenon by 1,100.0% during the 4th quarter. BNP Paribas Financial Markets now owns 1,200 shares of the utilities provider’s stock valued at $29,000 after buying an additional 1,100 shares during the period. Quantbot Technologies LP bought a new position in Kenon in the 2nd quarter worth $48,000. Barclays PLC bought a new position in Kenon in the 2nd quarter worth $90,000. State of Wyoming raised its holdings in Kenon by 276.2% in the 4th quarter. State of Wyoming now owns 4,578 shares of the utilities provider’s stock worth $151,000 after purchasing an additional 3,361 shares in the last quarter. Finally, Norges Bank bought a new position in Kenon in the 4th quarter worth $205,000. Hedge funds and other institutional investors own 13.38% of the company’s stock.

Kenon Company Profile

Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.