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Hang Lung Properties (OTCMKTS:HLPPY) Shares Gap Up - What's Next?

Hang Lung Properties logo with Finance background

Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report) gapped up before the market opened 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 Stock Performance

The stock has a 50 day moving average price of $4.07 and a two-hundred day moving average price of $4.02.

Hang Lung Properties Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, June 26th. Shareholders of record on Friday, May 9th were paid a dividend of $0.2374 per share. This represents a yield of 7.44%. The ex-dividend date was Thursday, May 8th. This is a positive change 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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