Power Assets Holdings Limited (OTCMKTS:HGKGY - Get Free Report) was up 1.1% during trading on Thursday . The stock traded as high as $6.66 and last traded at $6.54. Approximately 1,341 shares changed hands during mid-day trading, a decline of 55% from the average daily volume of 2,983 shares. The stock had previously closed at $6.47.
Power Assets Stock Performance
The business's 50-day simple moving average is $6.47 and its two-hundred day simple moving average is $6.51.
Power Assets Increases Dividend
The business also recently disclosed a dividend, which will be paid on Tuesday, June 17th. Shareholders of record on Wednesday, May 28th will be paid a dividend of $0.2425 per share. This represents a dividend yield of 4.84%. The ex-dividend date is Tuesday, May 27th. This is a boost from Power Assets's previous dividend of $0.08.
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.
Further Reading
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