Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.73 and traded as low as $20.35. Hongkong Land shares last traded at $22.29, with a volume of 3,502 shares.
Hongkong Land Price Performance
The stock’s fifty day simple moving average is $22.15 and its 200-day simple moving average is $21.76.
Hongkong Land Increases Dividend
The company also recently announced a dividend, which will be paid on Wednesday, May 21st. Shareholders of record on Friday, March 21st will be given a dividend of $0.85 per share. This is an increase from Hongkong Land’s previous dividend of $0.26. The ex-dividend date of this dividend is Friday, March 21st.
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.
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