Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $14.20 and last traded at $14.38, with a volume of 4037 shares traded. The stock had previously closed at $14.74.
Hongkong Land Stock Performance
The company’s 50-day moving average price is $15.85 and its 200-day moving average price is $16.29.
Hongkong Land Increases Dividend
The firm also recently declared a dividend, which will be paid on Wednesday, May 22nd. Stockholders of record on Friday, March 22nd will be given a dividend of $0.75 per share. The ex-dividend date of this dividend is Thursday, March 21st. This is a boost from Hongkong Land’s previous dividend of $0.26.
Hongkong Land Company Profile
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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