Hang Seng Bank Limited (OTCMKTS:HSNGY) to Issue $0.15 Dividend

Hang Seng Bank Limited (OTCMKTS:HSNGY - Get Free Report) declared a dividend on Tuesday, May 13th, investing.com reports. Investors of record on Friday, May 16th will be paid a dividend of 0.1476 per share on Monday, June 16th. This represents a dividend yield of 5.7%. The ex-dividend date of this dividend is Thursday, May 15th.

Hang Seng Bank Trading Down 3.5%

Shares of Hang Seng Bank stock traded down $0.49 during trading on Friday, hitting $13.65. 3,782 shares of the company's stock were exchanged, compared to its average volume of 8,287. The business has a 50-day simple moving average of $13.37 and a 200-day simple moving average of $12.76. Hang Seng Bank has a 52-week low of $11.25 and a 52-week high of $15.06.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group raised shares of Hang Seng Bank from a "strong sell" rating to a "hold" rating in a report on Wednesday, February 19th.

Hang Seng Bank Company Profile

Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.