Free Trial

Henderson Land Development (OTCMKTS:HLDCY) Shares Pass Above 50 Day Moving Average - Here's Why

Henderson Land Development logo with Finance background

Henderson Land Development Co. (OTCMKTS:HLDCY - Get Free Report) passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $2.95 and traded as high as $3.35. Henderson Land Development shares last traded at $3.32, with a volume of 23,862 shares.

Henderson Land Development Stock Down 0.6%

The stock has a fifty day moving average of $2.95 and a 200 day moving average of $2.88.

Henderson Land Development Increases Dividend

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

Henderson Land Development Company Profile

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Henderson Land Development Right Now?

Before you consider Henderson Land Development, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Henderson Land Development wasn't on the list.

While Henderson Land Development currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Ten Starter Stocks For Beginners to Buy Now Cover

Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

The Drone Industry Is About to 10X—Here’s How to Profit
Why AMD Stock Beats NVIDIA Right Now
Oil Spikes Amid Rising Warfare: 3 Stocks to Watch Now

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines