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Shangri-La Asia Limited (OTCMKTS:SHALY) Increases Dividend to $0.26 Per Share

Shangri-La Asia logo with Consumer Discretionary background

Shangri-La Asia Limited (OTCMKTS:SHALY - Get Free Report) declared a dividend on Saturday, June 14th, investing.com reports. Investors of record on Tuesday, June 17th will be given a dividend of 0.2572 per share on Monday, July 7th. This represents a yield of 3.58%. The ex-dividend date of this dividend is Monday, June 16th. This is a 100.5% increase from Shangri-La Asia's previous dividend of $0.13.

Shangri-La Asia Stock Performance

OTCMKTS SHALY remained flat at $10.76 during mid-day trading on Friday. The stock has a 50 day simple moving average of $10.76 and a 200-day simple moving average of $11.85. Shangri-La Asia has a fifty-two week low of $10.75 and a fifty-two week high of $14.95. The company has a quick ratio of 1.92, a current ratio of 1.94 and a debt-to-equity ratio of 1.14.

Shangri-La Asia Company Profile

(Get Free Report)

Shangri-La Asia Limited, an investment holding company, develops, owns/leases, operates, and manages hotels and associated properties worldwide. It operates through Hotel Properties, Hotel Management and Related Services, Investment Properties, and Property Development for Sale segments. The company develops, owns, and operates office and commercial properties, and serviced apartments/residences; and operates restaurants and amusement parks.

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