Shares of Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $6.43, but opened at $6.85. Power Assets shares last traded at $6.85, with a volume of 258 shares changing hands.
Power Assets Stock Up 2.4%
The firm's 50-day moving average is $6.53 and its 200 day moving average is $6.51.
Power Assets Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, June 17th. Shareholders of record on Wednesday, May 28th were issued a $0.2425 dividend. This represents a dividend yield of 4.84%. The ex-dividend date was Tuesday, May 27th. 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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