Hongkong Land Holdings Limited (LON:HKLD) Increases Dividend to $0.17 Per Share

Hongkong Land Holdings Limited (LON:HKLD) announced a dividend on Friday, March 7th, DividendData.Co.Uk reports. Shareholders of record on Thursday, March 20th will be paid a dividend of $0.17 per share on Wednesday, May 14th. This represents a yield of 2.29%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 183.3% increase from Hongkong Land’s previous dividend of $0.06. The official announcement can be seen at this link.

Hongkong Land Stock Performance

The company has a market cap of £96.80 million, a PE ratio of -16.85, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52. Hongkong Land has a twelve month low of GBX 3.07 ($0.04) and a twelve month high of GBX 7.41 ($0.10). The company has a debt-to-equity ratio of 20.55, a current ratio of 1.70 and a quick ratio of 0.65. The stock’s 50-day simple moving average is GBX 6.93 and its 200 day simple moving average is GBX 7.22.

Hongkong Land Company Profile

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.