China Overseas Land & Investment (OTCMKTS:CAOVY) Trading Down 0.7% – What’s Next?

Shares of China Overseas Land & Investment Limited (OTCMKTS:CAOVYGet Free Report) fell 0.7% during mid-day trading on Friday . The stock traded as low as $8.02 and last traded at $8.02. 3,643 shares changed hands during trading, a decline of 39% from the average session volume of 5,953 shares. The stock had previously closed at $8.08.

China Overseas Land & Investment Stock Performance

The company has a 50 day moving average of $8.74 and a 200-day moving average of $8.81.

China Overseas Land & Investment Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, October 17th. Stockholders of record on Thursday, September 18th were given a $0.1361 dividend. This represents a dividend yield of 328.0%. The ex-dividend date was Wednesday, September 17th. China Overseas Land & Investment’s dividend payout ratio (DPR) is presently 9.05%.

About China Overseas Land & Investment

(Get Free Report)

China Overseas Land & Investment Limited, an investment holding company, engages in the property development and investment, and other operations in the People's Republic of China and the United Kingdom. The company operates through Property Development, Property Investment, and Other Operations segments.

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