Henderson Land Development (OTCMKTS:HLDCY) Shares Cross Above 50-Day Moving Average - Here's What Happened

Henderson Land Development Company Limited (OTCMKTS:HLDCY - Get Free Report)'s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $2.84 and traded as high as $3.07. Henderson Land Development shares last traded at $3.07, with a volume of 34,147 shares trading hands.

Henderson Land Development Stock Performance

The stock's 50 day simple moving average is $2.85 and its 200-day simple moving average is $2.87.

Henderson Land Development Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 27th. Shareholders of record on Monday, June 9th will be paid a dividend of $0.1473 per share. This represents a yield of 6.47%. This is a boost from Henderson Land Development's previous dividend of $0.05. The ex-dividend date of this dividend is Friday, June 6th.

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.