Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $21.73 and traded as low as $20.35. Hongkong Land shares last traded at $22.29, with a volume of 3,502 shares changing hands.
Hongkong Land Stock Performance
The company’s 50-day moving average price is $22.15 and its 200-day moving average price is $21.73.
Hongkong Land Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Stockholders of record on Friday, March 21st will be given a dividend of $0.85 per share. This is a boost from Hongkong Land’s previous dividend of $0.26. The ex-dividend date is Friday, March 21st.
About Hongkong Land
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
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