Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $21.73 and traded as low as $20.35. Hongkong Land shares last traded at $22.29, with a volume of 3,502 shares traded.
Hongkong Land Stock Performance
The firm has a 50-day simple moving average of $22.15 and a 200 day simple moving average of $21.73.
Hongkong Land Increases Dividend
The firm also recently announced a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, March 21st will be issued a $0.85 dividend. This is a boost 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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