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Hongkong Land (OTCMKTS:HNGKY) Hits New 12-Month High - What's Next?

Hongkong Land logo with Finance background

Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $27.33 and last traded at $27.33, with a volume of 2559 shares. The stock had previously closed at $26.14.

Hongkong Land Stock Up 0.4%

The company's 50 day moving average price is $23.27 and its 200-day moving average price is $22.61.

Hongkong Land Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, May 21st. Investors of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st. This is a positive change from Hongkong Land's previous dividend of $0.26.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

Further Reading

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