Hang Lung Properties Ltd. (OTCMKTS:HLPPY - Get Free Report)'s share price shot up 11.8% during trading on Thursday . The company traded as high as $4.75 and last traded at $4.75. 8,287 shares were traded during trading, a decline of 50% from the average session volume of 16,581 shares. The stock had previously closed at $4.25.
Hang Lung Properties Stock Up 0.2%
The business has a fifty day moving average of $4.05 and a 200 day moving average of $4.02.
Hang Lung Properties Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Friday, May 9th will be given a dividend of $0.2374 per share. This is a positive change from Hang Lung Properties's previous dividend of $0.07. This represents a dividend yield of 7.44%. 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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