Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd ADR (OTCMKTS:SIHBY) Plans Dividend Increase - $0.09 Per Share

Key Points

• Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. has announced a dividend increase to $0.09 per share, marking a 7.8% rise from the previous dividend of $0.08.
• The dividend payment will be made on November 17th to investors of record as of September 24th, with an ex-dividend date set for September 23rd.
• Currently, the stock is trading around $1.94 with a 52-week range between $1.91 and $2.99.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd ADR (OTCMKTS:SIHBY - Get Free Report) declared a dividend on Wednesday, September 17th, investing.com reports. Shareholders of record on Wednesday, September 24th will be paid a dividend of 0.086 per share on Monday, November 17th. This represents a yield of 849.0%. The ex-dividend date is Tuesday, September 23rd. This is a 7.8% increase from Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd's previous dividend of $0.08.

Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd Price Performance

OTCMKTS SIHBY remained flat at $1.94 during trading on Friday. The stock's fifty day moving average is $1.95 and its two-hundred day moving average is $2.03. Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd has a 1 year low of $1.91 and a 1 year high of $2.99.

About Shenzhen Investment Hldgs Bay Area Dvlpmt Co. Ltd. Sponsrd

Shenzhen Investment Holdings Bay Area Development Company Limited, an investment holding company, initiates, promotes, develops, and operates toll expressways and bridges in the People's Republic of China. The company operates through Coastal Expressway (Shenzhen Section), GS Superhighway, GZ West Superhighway, and Xintang Interchange segments.