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Hongkong Land (OTCMKTS:HNGKY) Hits New 52-Week High - Time to Buy?

Hongkong Land logo with Finance background

Hongkong Land Holdings Limited (OTCMKTS:HNGKY - Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $26.33 and last traded at $25.67, with a volume of 3586 shares. The stock had previously closed at $25.23.

Hongkong Land Stock Performance

The company has a 50 day moving average price of $22.40 and a 200-day moving average price of $22.32.

Hongkong Land Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be given a dividend of $0.85 per share. The ex-dividend date of this dividend is Friday, March 21st. This is a boost from Hongkong Land's previous dividend of $0.26.

Hongkong Land Company Profile

(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.

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