Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report) traded up 30.9% during trading on Friday . The stock traded as high as $3.10 and last traded at $3.09. 1,662 shares traded hands during mid-day trading, an increase of 71% from the average session volume of 971 shares. The stock had previously closed at $2.36.
Lee & Man Paper Manufacturing Price Performance
The firm has a 50 day moving average price of $2.47 and a 200 day moving average price of $2.58.
Lee & Man Paper Manufacturing Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, June 10th. Investors of record on Wednesday, May 14th were given a dividend of $0.0493 per share. This represents a dividend yield of 4.79%. The ex-dividend date was Tuesday, May 13th. Lee & Man Paper Manufacturing’s dividend payout ratio is currently 2.24%.
About Lee & Man Paper Manufacturing
Lee & Man Paper Manufacturing Limited, an investment holding company, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments.
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