Koninklijke KPN (OTCMKTS:KKPNY) Shares Pass Below Fifty Day Moving Average – What’s Next?

Koninklijke KPN NV (OTCMKTS:KKPNYGet Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $4.73 and traded as low as $4.73. Koninklijke KPN shares last traded at $4.75, with a volume of 149,019 shares traded.

Koninklijke KPN Stock Performance

The company has a 50-day moving average of $4.73 and a 200-day moving average of $4.69.

Koninklijke KPN Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, August 8th. Stockholders of record on Thursday, August 7th were given a $0.0682 dividend. This represents a dividend yield of 358.0%. The ex-dividend date was Wednesday, August 6th.

Koninklijke KPN Company Profile

(Get Free Report)

Koninklijke KPN N.V. provides telecommunications and information technology (IT) services in the Netherlands. It operates through Consumer; Business; Wholesale; and Network, Operations & IT segments. The company offers fixed and mobile telephony, fixed and mobile broadband internet, and television services to retail and business consumers; infrastructure and network related IT solutions to business customers; and wholesale network services to third parties.

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