Shares of Hang Lung Properties Limited (OTCMKTS:HLPPY – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $5.37 and traded as low as $5.21. Hang Lung Properties shares last traded at $5.43, with a volume of 249,881 shares trading hands.
Hang Lung Properties Trading Up 1.2 %
The firm’s 50 day moving average is $5.37 and its two-hundred day moving average is $6.07.
Hang Lung Properties Increases Dividend
The business also recently disclosed a dividend, which will be paid on Monday, June 24th. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.3638 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This is a positive change from Hang Lung Properties’s previous dividend of $0.10.
Hang Lung Properties Company Profile
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
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