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Tsingtao Brewery (OTCMKTS:TSGTY) Sees Strong Trading Volume - Should You Buy?

Tsingtao Brewery logo with Consumer Staples background

Shares of Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) saw unusually-strong trading volume on Thursday . Approximately 2,000 shares changed hands during 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 stock has a fifty day moving average price of $34.85 and a 200-day moving average price of $34.55.

Tsingtao Brewery Increases Dividend

The business also recently announced a dividend, which will be paid on Friday, July 18th. Shareholders of record on Monday, May 26th will be paid a $1.3332 dividend. This represents a yield of 3.81%. The ex-dividend date of this dividend is Friday, May 23rd. This is a positive change 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.

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