Cathay Pacific Airways Limited (OTCMKTS:CPCAY - Get Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $6.08 and traded as low as $5.65. Cathay Pacific Airways shares last traded at $5.84, with a volume of 10,141 shares trading hands.
Cathay Pacific Airways Trading Down 1.0 %
The company has a 50 day moving average of $6.47 and a 200 day moving average of $6.09.
Cathay Pacific Airways Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, May 19th. Investors of record on Wednesday, April 2nd will be issued a $0.3153 dividend. This is a boost from Cathay Pacific Airways's previous dividend of $0.11. The ex-dividend date of this dividend is Wednesday, April 2nd.
Cathay Pacific Airways Company Profile
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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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