Singapore Airlines (OTCMKTS:SINGF) Shares Down 2.3% – What’s Next?

Singapore Airlines Limited (OTCMKTS:SINGFGet Free Report) shares traded down 2.3% during mid-day trading on Friday . The company traded as low as $4.59 and last traded at $4.59. 3,002 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 5,466 shares. The stock had previously closed at $4.70.

Singapore Airlines Stock Performance

The firm’s fifty day moving average price is $4.72 and its 200 day moving average price is $4.87.

Singapore Airlines Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, December 11th. Stockholders of record on Tuesday, November 26th were issued a dividend of $0.10 per share. The ex-dividend date was Monday, November 25th. This represents a dividend yield of 7.57%. Singapore Airlines’s dividend payout ratio (DPR) is presently 122.81%.

About Singapore Airlines

(Get Free Report)

Singapore Airlines Limited, together with subsidiaries, provides passenger and cargo air transportation services under the Singapore Airlines and Scoot brands in East Asia, the Americas, Europe, Southwest Pacific, West Asia, and Africa. It operates through The Full-Service Carrier, The Low-Cost Carrier, and Engineering Services segments.

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