Shares of Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $3.24 and traded as low as $3.02. Hysan Development shares last traded at $3.08, with a volume of 4,343 shares changing hands.
Hysan Development Trading Up 2.8 %
The business’s fifty day simple moving average is $3.23 and its 200-day simple moving average is $3.57.
Hysan Development Increases Dividend
The company also recently announced a dividend, which was paid on Monday, April 1st. Shareholders of record on Thursday, March 7th were issued a $0.1971 dividend. This is a boost from Hysan Development’s previous dividend of $0.06. The ex-dividend date of this dividend was Wednesday, March 6th. Hysan Development’s dividend payout ratio is currently 3.58%.
Hysan Development Company Profile
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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