Tsingtao Brewery Company Limited (OTCMKTS:TSGTY - Get Free Report)'s stock price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $36.24 and traded as low as $32.67. Tsingtao Brewery shares last traded at $32.67, with a volume of 220 shares traded.
Tsingtao Brewery Stock Performance
The business's fifty day moving average price is $36.23 and its 200 day moving average price is $34.43.
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. The ex-dividend date is Friday, May 23rd. This is an increase from Tsingtao Brewery's previous dividend of $1.22. 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.
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