Hysan Development (OTCMKTS:HYSNY) Stock Price Crosses Above 50 Day Moving Average – Here’s What Happened

Hysan Development Company Limited (OTCMKTS:HYSNYGet Free Report)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $3.16 and traded as high as $3.27. Hysan Development shares last traded at $3.27, with a volume of 495 shares changing hands.

Hysan Development Stock Down 0.6 %

The business has a 50 day simple moving average of $3.16 and a 200-day simple moving average of $3.15.

Hysan Development Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, March 31st. Investors of record on Tuesday, March 4th were paid a dividend of $0.2083 per share. This is a boost from Hysan Development’s previous dividend of $0.06. The ex-dividend date of this dividend was Tuesday, March 4th. Hysan Development’s dividend payout ratio is presently 3.58%.

About Hysan Development

(Get Free Report)

Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.

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