Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $4.25, but opened at $4.62. Hang Lung Properties shares last traded at $4.69, with a volume of 2,377 shares.
Hang Lung Properties Trading Up 10.4%
The company has a fifty day moving average price of $4.01 and a 200 day moving average price of $4.01.
Hang Lung Properties 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 $0.2374 dividend. This represents a dividend yield of 7.44%. This is a positive change from Hang Lung Properties's previous dividend of $0.07. The ex-dividend date is Thursday, May 8th.
About Hang Lung Properties
(
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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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