CHOW TAI FOOK (OTCMKTS:CJEWY) Shares Gap Up - What's Next?

Key Points

• CHOW TAI FOOK shares gapped up from $19.93 to $21.00 before the market opened, signaling a positive market reaction.
• The company recently increased its dividend to $0.3577 per share, up from $0.26, resulting in a yield of 315.0%.
• Chow Tai Fook operates a diverse jewelry business with a presence in several countries, including Mainland China, Canada, and the United States.

CHOW TAI FOOK (OTCMKTS:CJEWY - ) gapped up before the market opened on Thursday . The stock had previously closed at $19.93, but opened at $21.00. CHOW TAI FOOK shares last traded at $21.00, with a volume of 116 shares.

CHOW TAI FOOK Stock Performance

The firm has a 50 day simple moving average of $17.92 and a two-hundred day simple moving average of $14.64.

CHOW TAI FOOK Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 4th. Shareholders of record on Thursday, August 7th were paid a dividend of $0.3577 per share. The ex-dividend date was Wednesday, August 6th. This is a boost from CHOW TAI FOOK's previous dividend of $0.26. This represents a yield of 315.0%.

CHOW TAI FOOK Company Profile

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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