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Kenon Holdings Announces Dividend Amid Varied 2023 Results

Kenon Holdings Announces Dividend Amid Varied 2023 Results

Kenon Holdings Ltd. (KEN) has released an update.

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Kenon Holdings Ltd. has declared a significant cash dividend for April 2024 and released its mixed financial results for 2023, with its energy subsidiary, OPC, showing a net profit despite a decrease from the previous year and an increase in Adjusted EBITDA. Meanwhile, associated company ZIM faced a challenging year, reporting a substantial net loss due to a non-cash impairment, although it managed to achieve an Adjusted EBITDA of $1 billion.

For further insights into KEN stock, check out TipRanks’ Stock Analysis page.

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