2 Must-Own Stocks Yielding 7%+ in Dividends
Reliable high-yielders are your best friends today, and they will likely remain that way for the coming years. That’s especially true if they operate as midstream or as a utility. They have…
Headquartered in Millenia Tower, Singapore Fiscal year ends December NYSE: KEN kenon-holdings.com
Kenon Holdings Ltd. (NYSE/TASE: KEN) is an investment holding company whose primary asset is an approximately 46% interest in OPC Energy Ltd., an energy company operating in Israel and the United States. Through OPC, Kenon is involved in electricity generation, energy transition projects, and retail electricity services. OPC's Israeli operations include power plants that sell energy and infrastructure services to private customers under regulated tariffs. In the U.S., OPC operates through its 70%-owned subsidiary CPV Group LP, which focuses on energy transition power plants and retail electricity activities, with a growing portfolio that includes recently consolidated assets such as the Shore and Maryland power plants. Kenon also maintains a standalone cash position with no material parent-level debt, and recently concluded an ICSID arbitration proceeding against the Republic of Peru. Updated
Reliable high-yielders are your best friends today, and they will likely remain that way for the coming years. That’s especially true if they operate as midstream or as a utility. They have…
Kenon Holdings Ltd. (NYSE/TASE: KEN) is an investment holding company whose primary asset is an approximately 46% interest in OPC Energy Ltd., an energy company operating in Israel and the United States.
The Wall Street consensus 12-month price target for KEN is $29.85.