China Everbright Environment Group�� (OTCMKTS:CHFFF) Reaches New 1-Year High Following Dividend Announcement

Key Points

• China Everbright Environment Group's stock reached a new 52-week high of $0.67 following the announcement of a dividend increase.
• The announced dividend of $0.15 per share, payable on October 20th, represents a significant increase from the previous $0.09 dividend, yielding approximately 563.0%.
• The company's fifty-day moving average is $0.49, indicating a significant price appreciation of 22.0% in trading performance.

Shares of China Everbright Environment Group�� (OTCMKTS:CHFFF - Get Free Report) hit a new 52-week high on Wednesday following a dividend announcement from the company. The company traded as high as $0.67 and last traded at $0.67, with a volume of 200 shares traded. The stock had previously closed at $0.55.

The newly announced dividend which will be paid on Monday, October 20th. Stockholders of record on Tuesday, September 23rd will be issued a $0.15 dividend. This is a boost from China Everbright Environment Group��'s previous dividend of $0.09. This represents a dividend yield of 563.0%. The ex-dividend date of this dividend is Monday, September 22nd.

China Everbright Environment Group�� Price Performance

The business has a 50 day moving average price of $0.50 and a 200 day moving average price of $0.48.

China Everbright Environment Group�� Company Profile

China Everbright Environment Group Limited, an investment holding company, provides environmental solutions worldwide. The company's Environmental Energy Project Construction and Operation segment constructs and operates food and kitchen waste treatment, leachate and fecal treatment, sludge treatment and disposal, fly ash landfill, medical waste, and solid waste treatment projects, as well as waste-to-energy and methane-to-energy plants.