Hang Seng Bank Limited (OTCMKTS:HSNGY – Get Free Report) announced a dividend on Tuesday, May 13th, investing.com reports. Investors of record on Friday, May 16th will be given a dividend of 0.1476 per share on Monday, June 16th. This represents a yield of 5.7%. The ex-dividend date is Thursday, May 15th.
Hang Seng Bank Stock Up 3.3%
OTCMKTS HSNGY traded up $0.46 on Tuesday, hitting $14.19. 959 shares of the stock were exchanged, compared to its average volume of 8,443. Hang Seng Bank has a 52-week low of $11.25 and a 52-week high of $15.06. The stock has a fifty day moving average price of $13.33 and a two-hundred day moving average price of $12.71.
Wall Street Analysts Forecast Growth
Separately, The Goldman Sachs Group raised shares of Hang Seng Bank from a “strong sell” rating to a “hold” rating in a research report on Wednesday, February 19th.
Hang Seng Bank Company Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.
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