Swire Pacific Limited (OTCMKTS:SWRAY) Plans Dividend Increase - $0.27 Per Share

Swire Pacific Limited (OTCMKTS:SWRAY - Get Free Report) announced a dividend on Monday, March 17th, NASDAQ Dividends reports. Stockholders of record on Thursday, April 10th will be given a dividend of 0.2703 per share by the conglomerate on Monday, May 19th. The ex-dividend date of this dividend is Thursday, April 10th. This is a 91.5% increase from Swire Pacific's previous dividend of $0.14.

Swire Pacific Stock Performance

Shares of OTCMKTS SWRAY traded down $0.14 during mid-day trading on Friday, reaching $8.81. The company had a trading volume of 23,767 shares, compared to its average volume of 39,449. Swire Pacific has a 52 week low of $7.49 and a 52 week high of $9.46. The business's 50-day moving average is $8.65 and its 200-day moving average is $8.54. The company has a current ratio of 0.94, a quick ratio of 0.81 and a debt-to-equity ratio of 0.20.

Swire Pacific Company Profile

Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, rest of Asia, the United States, and internationally. The company's Property division develops, owns, and operates mixed-use properties. This division's property investment portfolio comprises office and retail premises, serviced apartments, and other luxury residential accommodations; and trading portfolio consists of residential properties.