Hang Lung Group Limited (OTCMKTS:HNLGY - Get Free Report) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $8.13 and last traded at $8.13, with a volume of 365 shares traded. The stock had previously closed at $7.30.
Hang Lung Group Stock Performance
The firm's 50 day simple moving average is $7.06 and its 200-day simple moving average is $6.91.
Hang Lung Group Increases Dividend
The firm also recently disclosed 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 is an increase from Hang Lung Group's previous dividend of $0.12. This represents a yield of 7.39%. The ex-dividend date 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.
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