Hang Seng Bank (OTCMKTS:HSNGY) Share Price Passes Above 50-Day Moving Average – Here’s Why

Hang Seng Bank Limited (OTCMKTS:HSNGY)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $12.10 and traded as high as $12.77. Hang Seng Bank shares last traded at $12.41, with a volume of 17,275 shares.

Hang Seng Bank Trading Up 0.9 %

The stock’s 50-day simple moving average is $12.10 and its two-hundred day simple moving average is $12.31.

Hang Seng Bank Increases Dividend

The company also recently announced a dividend, which was paid on Friday, November 22nd. Stockholders of record on Wednesday, October 23rd were given a $0.1359 dividend. The ex-dividend date of this dividend was Wednesday, October 23rd. This is an increase from Hang Seng Bank’s previous dividend of $0.14.

About Hang Seng Bank

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.