Joint Stock Company Kaspi.kz Sponsored ADR (KSPI) to Issue Dividend of $2.15 on September 7th

Joint Stock Company Kaspi.kz Sponsored ADR (NASDAQ:KSPI) announced a dividend on Thursday, August 13th. Stockholders of record on Thursday, September 10th will be paid a dividend of 2.149 per share on Monday, September 7th. The ex-dividend date of this dividend is Thursday, September 10th. This is a 19.5% increase from Joint Stock Company Kaspi.kz’s previous dividend of $1.80.

Joint Stock Company Kaspi.kz Stock Performance

KSPI opened at $107.53 on Tuesday. The company has a 50-day moving average of $94.82 and a 200-day moving average of $85.79. Joint Stock Company Kaspi.kz has a 1-year low of $68.59 and a 1-year high of $109.94. The company has a market capitalization of $20.43 billion, a P/E ratio of 9.79 and a beta of 1.02.

Analysts Set New Price Targets

KSPI has been the subject of several research analyst reports. Zacks Research lowered Joint Stock Company Kaspi.kz from a “strong-buy” rating to a “hold” rating in a report on Thursday, July 30th. Susquehanna lifted their price target on Joint Stock Company Kaspi.kz from $95.00 to $100.00 and gave the company a “neutral” rating in a report on Wednesday, August 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Joint Stock Company Kaspi.kz in a research report on Friday, August 7th. Finally, Wolfe Research upped their target price on shares of Joint Stock Company Kaspi.kz from $110.00 to $115.00 and gave the company an “outperform” rating in a research note on Tuesday, August 25th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $107.33.

About Joint Stock Company Kaspi.kz

Joint Stock Company Kaspi.kz is a leading financial technology and e-commerce group headquartered in Almaty, Kazakhstan. The company has built one of the country’s largest digital ecosystems, offering a suite of integrated services that span consumer banking, payments, online marketplaces and merchant acquiring. Through its mobile and web platforms, Kaspi.kz aims to simplify everyday financial and shopping activities for individuals and businesses across Kazakhstan.

The company’s core offerings include digital banking solutions such as deposit accounts, digital wallets and money transfers, alongside consumer lending products that enable point-of-sale financing and “buy now, pay later” purchases.