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Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Down - Should You Sell?

Hang Lung Properties logo with Finance background

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $4.41, but opened at $4.25. Hang Lung Properties shares last traded at $4.25, with a volume of 1,085 shares traded.

Hang Lung Properties Stock Down 1.3%

The stock's 50 day moving average is $4.05 and its two-hundred day moving average is $4.02.

Hang Lung Properties Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, June 26th. Stockholders of record on Friday, May 9th were given a $0.2374 dividend. This represents a dividend yield of 7.44%. The ex-dividend date of this dividend was Thursday, May 8th. This is an increase from Hang Lung Properties's previous dividend of $0.07.

About Hang Lung Properties

(Get Free Report)

Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.

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