Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 2,260 shares were traded during mid-day trading, an increase of 358% from the previous session's volume of 493 shares.The stock last traded at $11.25 and had previously closed at $11.30.
Man Wah Price Performance
The stock has a 50 day moving average of $10.58 and a 200 day moving average of $11.13.
Man Wah Cuts Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, August 7th. Stockholders of record on Tuesday, July 8th will be issued a $0.2446 dividend. The ex-dividend date of this dividend is Monday, July 7th. This represents a dividend yield of 5.65%.
About Man Wah
(
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Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.
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