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

Henderson Land Development logo with Finance background

Henderson Land Development Company Limited (OTCMKTS:HLDCY - Get Free Report)'s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $2.88 and traded as high as $3.18. Henderson Land Development shares last traded at $3.14, with a volume of 10,254 shares traded.

Henderson Land Development Price Performance

The firm's 50-day moving average price is $2.88 and its 200-day moving average price is $2.87.

Henderson Land Development Increases Dividend

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

About Henderson Land Development

(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.

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