Wharf (OTCMKTS:WARFY) Shares Up 1.4%

The Wharf (Holdings) Limited (OTCMKTS:WARFY) shot up 1.4% on Friday . The stock traded as high as $6.53 and last traded at $6.53. 3,017 shares traded hands during trading, an increase of 57% from the average session volume of 1,917 shares. The stock had previously closed at $6.44.

Wharf Stock Performance

The firm has a 50 day moving average of $6.54 and a 200-day moving average of $5.78.

Wharf Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, May 10th. Stockholders of record on Wednesday, April 10th will be paid a $0.045 dividend. The ex-dividend date is Tuesday, April 9th. Wharf’s dividend payout ratio is currently 19.99%.

About Wharf

Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960s, Wharf is backed by a long standing mission of Building for Tomorrow and a proven track record in management and execution.