Singapore Airlines (OTCMKTS:SINGF) Trading Down 2.3% – Here’s What Happened

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

Singapore Airlines Trading Down 2.3 %

The business has a fifty day moving average of $4.72 and a 200 day moving average of $4.87.

Singapore Airlines Cuts Dividend

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

Singapore Airlines Company Profile

(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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