Shares of Hang Lung Properties Limited (OTCMKTS:HLPPY – Get Free Report) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $5.31 and traded as high as $5.36. Hang Lung Properties shares last traded at $5.36, with a volume of 332,175 shares.
Hang Lung Properties Trading Up 2.7 %
The business’s 50 day moving average is $5.31 and its 200 day moving average is $6.18.
Hang Lung Properties Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 24th. Investors of record on Wednesday, May 8th will be paid a dividend of $0.3638 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This is a boost from Hang Lung Properties’s previous dividend of $0.10.
Hang Lung Properties Company Profile
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
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