Megaworld Co. (OTCMKTS:MGAWY – Get Free Report) dropped 1.5% on Wednesday . The company traded as low as $7.14 and last traded at $7.14. Approximately 620 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 3,433 shares. The stock had previously closed at $7.25.
Megaworld Stock Down 1.5 %
The company has a fifty day moving average price of $7.60 and a two-hundred day moving average price of $6.83.
Megaworld Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, December 3rd. Investors of record on Tuesday, November 5th were paid a dividend of $0.2826 per share. The ex-dividend date was Tuesday, November 5th. This is a boost from Megaworld’s previous dividend of $0.15.
Megaworld Company Profile
Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.
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