Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $6.60, but opened at $6.05. Power Assets shares last traded at $6.05, with a volume of 193 shares.
Power Assets Trading Up 2.0%
The firm's 50-day moving average price is $6.54 and its two-hundred day moving average price is $6.50.
Power Assets Increases Dividend
The company also recently declared a dividend, which was paid on Tuesday, June 17th. Stockholders of record on Wednesday, May 28th were issued a dividend of $0.2425 per share. The ex-dividend date of this dividend was Tuesday, May 27th. This represents a dividend yield of 4.84%. This is an increase from Power Assets's previous dividend of $0.08.
Power Assets Company Profile
(
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Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.
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