Free Trial

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

China Everbright Environment Group�� logo with Business Services background

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.
  • Five stocks we like better than China Everbright Environment Group��.

China Everbright Environment Group�� (OTCMKTS:CHFFF - Get Free Report)'s stock price hit a new 52-week high on Wednesday following a dividend announcement from the company. The stock traded as high as $0.67 and last traded at $0.67, with a volume of 200 shares changing hands. 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 paid a dividend of $0.15 per share. This is an increase 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 stock's 50 day moving average is $0.50 and its two-hundred day moving average is $0.48.

China Everbright Environment Group�� Company Profile

(Get Free Report)

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.

Further Reading

Should You Invest $1,000 in China Everbright Environment Group�� Right Now?

Before you consider China Everbright Environment Group��, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and China Everbright Environment Group�� wasn't on the list.

While China Everbright Environment Group�� currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Energy Stocks to Buy and Hold Forever Cover

With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.

Get This Free Report
Like this article? Share it with a colleague.