Singapore Exchange (OTCMKTS:SPXCY) Shares Up 2% After Dividend Announcement

Shares of Singapore Exchange Limited (OTCMKTS:SPXCYGet Free Report) were up 2% on Thursday following a dividend announcement from the company. The stock traded as high as $19.52 and last traded at $18.75. Approximately 10,138 shares were traded during mid-day trading, a decline of 36% from the average daily volume of 15,814 shares. The stock had previously closed at $18.38.

The newly announced dividend which will be paid on Monday, March 10th. Stockholders of record on Tuesday, February 18th will be issued a dividend of $0.133 per share. The ex-dividend date is Tuesday, February 18th. Singapore Exchange’s dividend payout ratio is 89.27%.

Singapore Exchange Price Performance

The firm has a 50 day moving average of $18.31 and a 200-day moving average of $80.02.

Singapore Exchange Company Profile

(Get Free Report)

Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchange, and related clearing houses in Singapore. It operates through Fixed Income, Currencies, and Commodities; Equities; and Data, Connectivity, and Indices segments. The Fixed Income, Currencies, and Commodities segment offers fixed income issuer, trading and clearing, and collateral management services.

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