Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) Plans Dividend Increase – $0.40 Per Share

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) announced a dividend on Sunday, May 5th, NASDAQ reports. Shareholders of record on Friday, May 31st will be paid a dividend of 0.3977 per share on Monday, July 8th. The ex-dividend date is Friday, May 31st. This is a boost from Yue Yuen Industrial’s previous dividend of $0.11.

Yue Yuen Industrial Trading Up 2.4 %

Shares of YUEIY opened at $8.95 on Monday. Yue Yuen Industrial has a fifty-two week low of $4.60 and a fifty-two week high of $9.09. The stock has a fifty day moving average of $6.96 and a two-hundred day moving average of $5.95.

About Yue Yuen Industrial

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing and sale of athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.