Shares of Tsingtao Brewery Co. (OTCMKTS:TSGTY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $33.00, but opened at $30.60. Tsingtao Brewery shares last traded at $30.60, with a volume of 160 shares.
Tsingtao Brewery Stock Performance
The firm's fifty day moving average is $34.59 and its 200 day moving average is $34.49.
Tsingtao Brewery Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, July 18th. Investors of record on Monday, May 26th will be issued a dividend of $1.3332 per share. This is an increase from Tsingtao Brewery's previous dividend of $1.22. The ex-dividend date is Friday, May 23rd. This represents a dividend yield of 3.81%.
About Tsingtao Brewery
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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.
Further Reading
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