Koç Holding A.S. (OTCMKTS:KHOLY – Get Free Report)’s share price rose 5.3% on Thursday . The stock traded as high as $36.00 and last traded at $35.95. Approximately 11,369 shares were traded during trading, an increase of 247% from the average daily volume of 3,278 shares. The stock had previously closed at $34.14.
Koç Holding A.S. Stock Performance
The business’s 50-day moving average price is $30.93 and its 200-day moving average price is $27.22.
Koç Holding A.S. Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, May 13th. Investors of record on Thursday, April 25th will be given a dividend of $1.0658 per share. The ex-dividend date of this dividend is Wednesday, April 24th. This is an increase from Koç Holding A.S.’s previous dividend of $0.36. Koç Holding A.S.’s payout ratio is 21.06%.
About Koç Holding A.S.
Koç Holding A.S., through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally. The company's energy business operates petroleum refineries; distributes petroleum products and liquefied petroleum gases; and generates electricity through hydroelectric, natural gas, coal, wind, thermal, and solar power and other renewable plants.
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