Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 2,000 shares were traded during mid-day trading, an increase of 146% from the previous session's volume of 814 shares.The stock last traded at $33.00 and had previously closed at $32.83.
Tsingtao Brewery Price Performance
The firm's 50-day moving average is $34.72 and its 200 day moving average is $34.52.
Tsingtao Brewery Increases Dividend
The company also recently disclosed a dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, May 26th will be given a dividend of $1.3332 per share. The ex-dividend date of this dividend is Friday, May 23rd. This represents a yield of 3.81%. This is an increase from Tsingtao Brewery's previous dividend of $1.22.
Tsingtao Brewery Company Profile
(
Get Free Report)
Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.
Recommended Stories
Before you consider Tsingtao Brewery, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Tsingtao Brewery wasn't on the list.
While Tsingtao Brewery currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
