Henderson Land Development Co. to Issue Dividend of $0.05 (OTCMKTS:HLDCY)

Key Points

• Henderson Land Development Co. has announced a dividend of $0.05 per share, which will be paid to stockholders of record on September 5th, with an ex-dividend date of September 4th.
• The dividend yield for this announcement stands at an impressive 574.0%, highlighting the company's commitment to returning value to its shareholders.
• As of the latest trading, shares opened at $3.43, and the company maintains a healthy financial profile with a debt-to-equity ratio of 0.18.

Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report) declared a dividend on Saturday, August 30th, investing.com reports. Shareholders of record on Friday, September 5th will be given a dividend of 0.0513 per share on Wednesday, September 24th. This represents a yield of 574.0%. The ex-dividend date is Thursday, September 4th.

Henderson Land Development Stock Performance

Shares of HLDCY stock traded down $0.04 during mid-day trading on Wednesday, reaching $3.40. 55,455 shares of the stock traded hands, compared to its average volume of 111,866. The stock's fifty day simple moving average is $3.45 and its two-hundred day simple moving average is $3.08. Henderson Land Development has a 1-year low of $2.47 and a 1-year high of $3.81. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.39 and a current ratio of 2.39.

Henderson Land Development Company Profile

Henderson Land Development Company Limited, an investment holding company, engages in the property development and investment activities in Hong Kong and Mainland China. The company operates through Property Development, Property Leasing, Department Stores and Supermarket-Cum-Stores Operations, Hotel Room Operation, Other Businesses, and Utility and Energy segments.