Hang Lung Group Ltd. (OTCMKTS:HNLGY - Get Free Report) hit a new 52-week high on Friday . The company traded as high as $8.28 and last traded at $8.28, with a volume of 338 shares changing hands. The stock had previously closed at $8.13.
Hang Lung Group Price Performance
The company has a 50-day moving average price of $7.20 and a 200 day moving average price of $6.95.
Hang Lung Group Increases Dividend
The company also recently declared a dividend, which will be paid on Thursday, June 26th. Shareholders of record on Friday, May 9th will be paid a dividend of $0.3991 per share. This represents a yield of 7.39%. The ex-dividend date is Thursday, May 8th. This is an increase from Hang Lung Group's previous dividend of $0.12.
Hang Lung Group Company Profile
(
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.
Featured Stories
Before you consider Hang Lung Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hang Lung Group wasn't on the list.
While Hang Lung Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
