Hong Kong & China Gas Co. (OTCMKTS:HOKCY) Plans $0.01 Dividend

Key Points

• Hong Kong & China Gas Co. will issue a dividend of $0.0123 per share, translating to an impressive dividend yield of 411.0%, with the ex-dividend date set for September 2nd.
• The company's stock opened at $0.87, with a 1-year range of $0.65 to $0.99, and is currently showing a trading increase of 1.5%.
• Institutional investor Rhumbline Advisers increased its stake in the company by 26.9%, now holding 131,441 shares valued at approximately $107,000.

Hong Kong & China Gas Co. (OTCMKTS:HOKCY - Get Free Report) declared a dividend on Saturday, August 30th, investing.com reports. Investors of record on Wednesday, September 3rd will be given a dividend of 0.0123 per share on Monday, September 22nd. This represents a yield of 411.0%. The ex-dividend date is Tuesday, September 2nd.

Hong Kong & China Gas Stock Performance

Shares of OTCMKTS HOKCY traded down $0.00 during trading on Wednesday, hitting $0.85. 1,280 shares of the company traded hands, compared to its average volume of 20,613. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.67 and a quick ratio of 0.60. The business's fifty day moving average is $0.84 and its 200 day moving average is $0.83. Hong Kong & China Gas has a fifty-two week low of $0.65 and a fifty-two week high of $0.99.

Hong Kong & China Gas Company Profile

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities.