Shares of Cathay Pacific Airways Limited (OTCMKTS:CPCAY – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.05 and traded as high as $6.55. Cathay Pacific Airways shares last traded at $6.39, with a volume of 2,178 shares.
Cathay Pacific Airways Stock Down 3.9 %
The firm’s 50 day simple moving average is $6.69 and its 200 day simple moving average is $6.05.
Cathay Pacific Airways Increases Dividend
The business also recently declared a dividend, which will be paid on Monday, May 19th. Investors of record on Wednesday, April 2nd will be given a $0.3153 dividend. The ex-dividend date of this dividend is Wednesday, April 2nd. This is a positive change from Cathay Pacific Airways’s previous dividend of $0.11.
About Cathay Pacific Airways
Cathay Pacific Airways Limited, together with its subsidiaries, offers international passenger and air cargo transportation services. The company conducts airline operations principally to and from Hong Kong. It also engages in the property investment and travel reward program; operates as a travel tour operator; and provision of financial, aircraft acquisition facilitation, airline catering, information processing, aircraft ramp handling, laundry and dry cleaning, ground handling, and cargo terminal services.
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