Hang Lung Group Limited (OTCMKTS:HNLGY - Get Free Report) was up 11.4% during trading on Monday . The stock traded as high as $8.13 and last traded at $8.13. Approximately 365 shares traded hands during mid-day trading, an increase of 16% from the average daily volume of 315 shares. The stock had previously closed at $7.30.
Hang Lung Group Trading Up 11.4%
The stock's fifty day moving average is $7.06 and its 200 day 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 issued a $0.3991 dividend. The ex-dividend date of this dividend is Thursday, May 8th. This represents a yield of 7.39%. This is a boost from Hang Lung Group's previous dividend of $0.12.
Hang Lung Group Company Profile
(
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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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