Ck Hutchison (OTCMKTS:CKHUY) Trading Up 1.4% - Here's What Happened

Key Points

• Ck Hutchison Holdings Ltd shares rose by 1.4%, closing at $6.45, with a total trading volume of 117,936 shares, a decrease from the average volume.
• The company has reported a positive change in its dividend, increasing it from $0.07 to $0.1559 per share, which gives a notable dividend yield of 396.0%.
• Ck Hutchison operates in multiple sectors including ports, retail, infrastructure, and telecommunications, contributing to its diverse business model.

Ck Hutchison Holdings Ltd (OTCMKTS:CKHUY - Get Free Report) shares shot up 1.4% during trading on Tuesday . The company traded as high as $6.45 and last traded at $6.45. 117,936 shares traded hands during trading, a decline of 20% from the average session volume of 148,226 shares. The stock had previously closed at $6.36.

Ck Hutchison Stock Up 0.4%

The company has a current ratio of 1.47, a quick ratio of 1.28 and a debt-to-equity ratio of 0.35. The business's 50-day moving average price is $6.15 and its 200 day moving average price is $5.69.

Ck Hutchison Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 27th. Stockholders of record on Thursday, May 29th were issued a dividend of $0.1559 per share. The ex-dividend date of this dividend was Wednesday, May 28th. This represents a dividend yield of 396.0%. This is an increase from Ck Hutchison's previous dividend of $0.07.

About Ck Hutchison

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.