Shares of Tsingtao Brewery Company Limited (OTCMKTS:TSGTY - Get Free Report) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $36.15 and traded as low as $35.00. Tsingtao Brewery shares last traded at $35.00, with a volume of 703 shares changing hands.
Tsingtao Brewery Stock Performance
The firm's 50 day simple moving average is $36.22 and its two-hundred day simple moving average is $34.32.
Tsingtao Brewery Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Friday, July 18th. Stockholders of record on Monday, May 26th will be given a dividend of $1.3332 per share. This is a positive change from Tsingtao Brewery's previous dividend of $1.22. The ex-dividend date of this dividend 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.
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