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Hang Lung Group Ltd. Declares Dividend of $0.11 (OTCMKTS:HNLGY)

Hang Lung Group logo with Finance background

Key Points

  • Hang Lung Group Ltd. declared a dividend of $0.11 per share, providing a high dividend yield of 557.0%.
  • The dividend will be paid to shareholders on October 6th, with the ex-dividend date set for August 14th.
  • Hang Lung Group's shares have remained stable, with a current trading price of $9.10, reflecting a 12-month range from $5.32 to $9.10.
  • Looking to Export and Analyze Hang Lung Group Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) announced a dividend on Saturday, August 9th, investing.com reports. Shareholders of record on Friday, August 15th will be given a dividend of 0.1138 per share on Monday, October 6th. This represents a dividend yield of 557.0%. The ex-dividend date of this dividend is Thursday, August 14th.

Hang Lung Group Price Performance

Shares of HNLGY stock remained flat at $9.10 during trading hours on Friday. The stock had a trading volume of 4 shares, compared to its average volume of 99. Hang Lung Group has a 12-month low of $5.32 and a 12-month high of $9.10. The stock's 50-day moving average price is $8.31 and its 200-day moving average price is $7.40. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.34.

About Hang Lung Group

(Get Free Report)

Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.

See Also

Dividend History for Hang Lung Group (OTCMKTS:HNLGY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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