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Shanghai Industrial (OTCMKTS:SGHIY) Hits New 52-Week High - Here's Why

Shanghai Industrial logo with Multi-Sector Conglomerates background

Shanghai Industrial Holdings Limited (OTCMKTS:SGHIY - Get Free Report) hit a new 52-week high during trading on Wednesday . The company traded as high as $15.63 and last traded at $15.63, with a volume of 1 shares changing hands. The stock had previously closed at $15.63.

Shanghai Industrial Price Performance

The business has a 50 day moving average price of $14.27 and a 200 day moving average price of $13.94.

Shanghai Industrial Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, October 21st. Investors of record on Tuesday, September 24th were paid a $0.5186 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This represents a dividend yield of 8.37%.

About Shanghai Industrial

(Get Free Report)

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure and environmental protection, real estate, consumer products, and comprehensive healthcare operations businesses in Hong Kong, China, rest of Asia, and internationally. The company invests in toll road projects and water services/clean energy businesses.

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