Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) hit a new 52-week high during trading on Friday . The stock traded as high as $8.28 and last traded at $8.28, with a volume of 338 shares. The stock had previously closed at $8.13.
Hang Lung Group Stock Performance
The company has a 50 day moving average price of $7.20 and a 200-day moving average price of $6.96.
Hang Lung Group Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, June 26th. Investors of record on Friday, May 9th will be paid a $0.3991 dividend. This represents a yield of 7.39%. This is a boost from Hang Lung Group's previous dividend of $0.12. The ex-dividend date of this dividend is Thursday, May 8th.
About Hang Lung Group
(
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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.
Further Reading
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