Hongkong Land Holdings Limited (OTC:HKHGF – Get Free Report) traded down 14.2% on Monday . The stock traded as low as $3.86 and last traded at $3.86. 601 shares traded hands during trading, a decline of 97% from the average session volume of 20,910 shares. The stock had previously closed at $4.50.
Hongkong Land Stock Performance
The firm has a 50 day moving average price of $4.42 and a two-hundred day moving average price of $4.25.
Hongkong Land Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 14th. Investors of record on Friday, March 21st will be issued a dividend of $0.17 per share. This is a boost from Hongkong Land’s previous dividend of $0.06. The ex-dividend date of this dividend is Friday, March 21st. Hongkong Land’s dividend payout ratio is 36.71%.
About Hongkong Land
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
Featured Articles
- Five stocks we like better than Hongkong Land
- Golden Cross Stocks: Pattern, Examples and Charts
- 3 Buyable Stocks With Solid Bottoms Ready to Rebound
- Industrial Products Stocks Investing
- Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star
- Differences Between Momentum Investing and Long Term Investing
- Robotaxi News: What Tesla and Lyft Headlines Mean for Shares
Receive News & Ratings for Hongkong Land Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hongkong Land and related companies with MarketBeat.com's FREE daily email newsletter.
