Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $21.85 and traded as high as $22.84. Hongkong Land shares last traded at $21.60, with a volume of 42,622 shares traded.
Hongkong Land Stock Performance
The company's 50-day moving average price is $21.86 and its 200 day moving average price is $21.94.
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 $0.85 dividend. This is an increase from Hongkong Land's previous dividend of $0.26. The ex-dividend date is Friday, March 21st.
About Hongkong Land
(
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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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