China Merchants Holdings International Co. (OTCMKTS:CMHHY – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $19.10, but opened at $19.80. China Merchants Holdings International shares last traded at $19.80, with a volume of 261 shares traded.
China Merchants Holdings International Price Performance
The firm’s fifty day moving average price is $19.60 and its 200 day moving average price is $17.94.
China Merchants Holdings International Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, December 4th. Investors of record on Tuesday, September 30th will be paid a dividend of $0.2732 per share. The ex-dividend date of this dividend is Monday, September 29th. This represents a yield of 522.0%.
About China Merchants Holdings International
China Merchants Port Holdings Company Limited, an investment holding company, operates as a port operator in Mainland China, Brazil, Hong Kong, Taiwan, and internationally. The company operates through Ports Operation, Bonded Logistics Operation, and Other Operations segments. It engages in the container, and bulk and general cargo terminal operation; logistic park operation, ports transportation, and airport cargo handling; and property development, holding, and investment activities.
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