China Gas Holdings Limited (OTCMKTS:CGHLY) Raises Dividend to $1.04 Per Share

China Gas Holdings Limited (OTCMKTS:CGHLY) declared a dividend on Thursday, August 21st, investing.com reports. Investors of record on Wednesday, August 27th will be paid a dividend of 1.0447 per share on Friday, October 24th. This represents a yield of 555.0%. The ex-dividend date is Tuesday, August 26th. This is a 116.6% increase from China Gas’s previous dividend of $0.48.

China Gas Price Performance

Shares of OTCMKTS CGHLY opened at $26.64 on Friday. The stock has a 50 day moving average price of $24.94 and a 200 day moving average price of $22.75. China Gas has a 52 week low of $18.37 and a 52 week high of $26.64.

China Gas Company Profile

China Gas Holdings Limited operates as a gas operator and service provider in the People's Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipelines, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial users; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops technologies related to natural gas and LPG.