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Sun Hung Kai Properties (OTCMKTS:SUHJY) Share Price Passes Below 200-Day Moving Average - Here's Why

Sun Hung Kai Properties logo with Finance background

Sun Hung Kai Properties Limited (OTCMKTS:SUHJY - Get Free Report)'s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $9.79 and traded as low as $9.70. Sun Hung Kai Properties shares last traded at $9.92, with a volume of 111,554 shares trading hands.

Sun Hung Kai Properties Trading Down 0.9 %

The business has a fifty day moving average of $10.77 and a 200 day moving average of $9.80.

Sun Hung Kai Properties Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 29th. Stockholders of record on Wednesday, November 13th will be issued a dividend of $0.3391 per share. The ex-dividend date of this dividend is Tuesday, November 12th. This represents a dividend yield of 3.99%. This is a boost from Sun Hung Kai Properties's previous dividend of $0.10.

Sun Hung Kai Properties Company Profile

(Get Free Report)

Sun Hung Kai Properties Limited develops and invests in properties for sale and rent in Hong Kong, Mainland China, and internationally. It develops, sells, and leases properties, including residential estates, offices, shopping malls, industrial offices, and hotels and serviced suites. The company also provides property management services; construction-related services, including landscaping, electrical and mechanical installation, production and installation of wooden doors, and construction plant and machinery leasing; and insurance products to individuals and businesses comprising householder's comprehensive, fire, employees' compensation, travel, personal accident, motor vehicles, contractors' all risks, third party liability, and property all risks.

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