Shares of Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $15.06 and last traded at $13.78, with a volume of 16898 shares. The stock had previously closed at $14.03.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group upgraded Hang Seng Bank from a “strong sell” rating to a “hold” rating in a research note on Wednesday, February 19th.
Get Our Latest Research Report on Hang Seng Bank
Hang Seng Bank Price Performance
Hang Seng Bank Increases Dividend
The firm also recently announced a dividend, which will be paid on Monday, April 7th. Shareholders of record on Wednesday, March 5th will be paid a dividend of $0.4115 per share. This is an increase from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date of this dividend is Wednesday, March 5th.
Hang Seng Bank Company Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.
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