Shares of Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $15.68 and traded as low as $14.85. Hongkong Land shares last traded at $15.15, with a volume of 3,407 shares traded.
Hongkong Land Price Performance
The business has a 50 day simple moving average of $15.68 and a two-hundred day simple moving average of $16.17.
Hongkong Land Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 22nd. Shareholders of record on Friday, March 22nd will be paid a $0.75 dividend. This is a positive change from Hongkong Land’s previous dividend of $0.26. The ex-dividend date is Thursday, March 21st.
About Hongkong Land
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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