Kenon Holdings Announces Dividend Amid Varied 2023 Results
Company Announcements

Kenon Holdings Announces Dividend Amid Varied 2023 Results

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

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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