Tsingtao Brewery Company Limited (OTCMKTS:TSGTY – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $36.85 and traded as low as $33.22. Tsingtao Brewery shares last traded at $33.22, with a volume of 1,629 shares traded.
Tsingtao Brewery Stock Performance
The business’s 50 day simple moving average is $36.85 and its two-hundred day simple moving average is $33.73.
Tsingtao Brewery Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, August 16th. Shareholders of record on Wednesday, July 3rd will be issued a $1.2223 dividend. This is an increase from Tsingtao Brewery’s previous dividend of $0.32. The ex-dividend date of this dividend is Wednesday, July 3rd.
Tsingtao Brewery Company Profile
Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.
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