Power Assets Holdings Ltd. (OTCMKTS:HGKGY - Get Free Report)'s stock price gapped up before the market opened 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 trading hands.
Power Assets Stock Down 0.1%
The company's fifty day moving average is $6.52 and its 200-day moving average is $6.51.
Power Assets Increases Dividend
The company also recently declared a dividend, which was paid on Tuesday, June 17th. Shareholders of record on Wednesday, May 28th were given a $0.2425 dividend. This is a positive change from Power Assets's previous dividend of $0.08. This represents a dividend yield of 4.84%. The ex-dividend date was Tuesday, May 27th.
About Power Assets
(
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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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