Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report) shares crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $22.00 and traded as high as $22.80. Hongkong Land shares last traded at $22.80, with a volume of 1,830 shares trading hands.
Hongkong Land Stock Performance
The stock’s 50 day moving average price is $22.00 and its 200-day moving average price is $21.48.
Hongkong Land Increases Dividend
The company also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be issued a $0.85 dividend. This is an increase from Hongkong Land’s previous dividend of $0.26. The ex-dividend date is Friday, 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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