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CK Hutchison Holdings Limited (OTCMKTS:CKHUY) Raises Dividend to $0.16 Per Share

CK Hutchison logo with Multi-Sector Conglomerates background

CK Hutchison Holdings Limited (OTCMKTS:CKHUY - Get Free Report) declared a dividend on Friday, May 23rd, investing.com reports. Shareholders of record on Thursday, May 29th will be paid a dividend of 0.1559 per share on Friday, June 27th. This represents a yield of 3.96%. The ex-dividend date of this dividend is Wednesday, May 28th. This is a 120.6% increase from CK Hutchison's previous dividend of $0.07.

CK Hutchison Stock Performance

Shares of CK Hutchison stock traded down $0.07 during trading hours on Wednesday, hitting $5.64. The company's stock had a trading volume of 292,880 shares, compared to its average volume of 342,423. CK Hutchison has a 1-year low of $4.60 and a 1-year high of $6.57. The business has a fifty day moving average of $5.54 and a 200 day moving average of $5.36. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.22 and a quick ratio of 1.07.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded CK Hutchison from a "hold" rating to a "strong-buy" rating in a research note on Thursday, March 13th.

Get Our Latest Stock Analysis on CKHUY

About CK Hutchison

(Get Free Report)

CK Hutchison Holdings Limited, an investment holding company, primarily operates in ports and related services, retail, infrastructure, and telecommunications businesses in Hong Kong and internationally. The company operates through four segments: Ports and Related Services, Retail, Infrastructure, and Telecommunications.

See Also

Dividend History for CK Hutchison (OTCMKTS:CKHUY)

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