Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $3.17 and traded as high as $3.54. Hysan Development shares last traded at $3.54, with a volume of 169 shares traded.
Hysan Development Trading Up 14.2%
The business’s fifty day simple moving average is $3.17 and its 200 day simple moving average is $3.11.
Hysan Development Increases Dividend
The business also recently declared a dividend, which was paid on Monday, March 31st. Stockholders of record on Tuesday, March 4th were paid a dividend of $0.2083 per share. This is a boost from Hysan Development’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, March 4th. Hysan Development’s dividend payout ratio is 3.58%.
About Hysan Development
Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.
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