Shanghai Industrial (OTCMKTS:SGHIY) Sets New 52-Week High – Here’s Why

Shares of Shanghai Industrial Holdings Limited (OTCMKTS:SGHIYGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as $15.63 and last traded at $15.63, with a volume of 2 shares. The stock had previously closed at $15.63.

Shanghai Industrial Price Performance

The stock’s 50-day moving average is $14.44 and its 200-day moving average is $14.02.

Shanghai Industrial Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, October 21st. Investors of record on Tuesday, September 24th were paid a dividend of $0.5186 per share. The ex-dividend date of this dividend was Monday, September 23rd. This represents a dividend yield of 8.37%.

About Shanghai Industrial

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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