Hongkong Land Holdings Limited (OTCMKTS:HNGKY – Get Free Report) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $21.93 and traded as low as $19.60. Hongkong Land shares last traded at $20.17, with a volume of 6,948 shares changing hands.
Hongkong Land Stock Down 6.4 %
The business’s 50 day simple moving average is $21.93 and its 200-day simple moving average is $21.87.
Hongkong Land Increases Dividend
The business also recently disclosed a dividend, which will be paid on Wednesday, May 21st. Investors of record on Friday, March 21st will be issued a $0.85 dividend. The ex-dividend date of this dividend is Friday, March 21st. This is an increase from Hongkong Land’s previous dividend of $0.26.
About Hongkong Land
Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.
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