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Chow Tai Fook (OTCMKTS:CJEWY) Sets New 1-Year High Following Dividend Announcement

Chow Tai Fook logo with Retail/Wholesale background

Key Points

  • Chow Tai Fook shares hit a new 12-month high of $18.05 after the announcement of a $0.3577 dividend, surpassing the previous dividend of $0.26.
  • The declared dividend represents a significant yield of 315.0% and will be paid to shareholders on September 4th.
  • The company's stock has a 50-day moving average of $16.56 and a 200-day moving average of $12.97.
  • MarketBeat previews the top five stocks to own by October 1st.

Chow Tai Fook (OTCMKTS:CJEWY - Get Free Report) shares reached a new 52-week high during mid-day trading on Monday after the company announced a dividend. The company traded as high as $18.05 and last traded at $18.05, with a volume of 600 shares traded. The stock had previously closed at $17.95.

The newly announced dividend which will be paid on Thursday, September 4th. Investors of record on Thursday, August 7th will be given a $0.3577 dividend. This is an increase from Chow Tai Fook's previous dividend of $0.26. This represents a yield of 315.0%. The ex-dividend date is Wednesday, August 6th.

Chow Tai Fook Price Performance

The company has a 50-day moving average of $16.85 and a 200 day moving average of $13.20.

Chow Tai Fook Company Profile

(Get Free Report)

Chow Tai Fook Jewellery Group Limited, an investment holding company, manufactures and sells jewelry products in Mainland China, Hong Kong, Macau, Taiwan, Cambodia, Canada, Korea, Japan, Malaysia, the Philippines, Singapore, Thailand, the United States, and Vietnam. The company offers gem-set, platinum and k-gold jewelry, and gold jewelry and products under the CHOW TAI FOOK, HEARTS ON FIRE, ENZO, MONOLOGUE, and SOINLOVE brands.

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