Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report) passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $2.92 and traded as high as $3.23. Hysan Development shares last traded at $3.20, with a volume of 8,084 shares.
Hysan Development Trading Up 1.6 %
The stock’s 50-day simple moving average is $2.92 and its two-hundred day simple moving average is $3.06.
Hysan Development Cuts Dividend
The business also recently declared a dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 9th will be given a dividend of $0.061 per share. The ex-dividend date is Monday, September 9th. This represents a dividend yield of 8.76%. Hysan Development’s dividend payout ratio (DPR) is presently 1.10%.
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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