Kingspan Group plc (OTCMKTS:KGSPY) Raises Dividend to $0.31 Per Share

Kingspan Group plc (OTCMKTS:KGSPY) announced a dividend on Thursday, March 20th, NASDAQ Dividends reports. Shareholders of record on Friday, April 11th will be paid a dividend of 0.309 per share on Thursday, June 5th. The ex-dividend date of this dividend is Friday, April 11th. This is a 83.3% increase from Kingspan Group’s previous dividend of $0.17.

Kingspan Group Stock Performance

OTCMKTS:KGSPY traded down $3.33 during mid-day trading on Friday, hitting $85.72. 18,461 shares of the stock were exchanged, compared to its average volume of 49,780. The firm’s 50-day simple moving average is $76.73 and its 200 day simple moving average is $80.32. Kingspan Group has a fifty-two week low of $65.86 and a fifty-two week high of $99.85.

Kingspan Group Company Profile

Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels, Insulation, Roofing + Waterproofing, Light, Air + Water, and Data + Flooring.