Hong Kong Exchanges and Clearing (OTCMKTS:HKXCY) Stock Price Down 2.1% – What’s Next?

Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY)’s share price dropped 2.1% on Friday . The stock traded as low as $45.90 and last traded at $46.31. Approximately 2,609,434 shares changed hands during mid-day trading, an increase of 644% from the average daily volume of 350,768 shares. The stock had previously closed at $47.30.

Hong Kong Exchanges and Clearing Price Performance

The company’s fifty day moving average is $42.22 and its two-hundred day moving average is $39.44.

Hong Kong Exchanges and Clearing Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, April 10th. Shareholders of record on Thursday, March 13th will be paid a $0.6303 dividend. This is an increase from Hong Kong Exchanges and Clearing’s previous dividend of $0.51. The ex-dividend date of this dividend is Thursday, March 13th. Hong Kong Exchanges and Clearing’s payout ratio is 28.32%.

Hong Kong Exchanges and Clearing Company Profile

Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through Cash, Equity and Financial Derivatives, Commodities, and Data and Connectivity segments.