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Hang Lung Group (OTCMKTS:HNLGY) Stock Price Down 0.3% - Should You Sell?

Hang Lung Group logo with Finance background

Hang Lung Group Limited (OTCMKTS:HNLGY - Get Free Report) shares fell 0.3% during mid-day trading on Friday . The company traded as low as $7.10 and last traded at $7.10. 160 shares were traded during mid-day trading, a decline of 52% from the average session volume of 331 shares. The stock had previously closed at $7.12.

Hang Lung Group Price Performance

The company's 50 day moving average is $6.94 and its two-hundred day moving average is $6.81.

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 issued a $0.3991 dividend. 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. This represents a yield of 7.39%.

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.

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