Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) Raises Dividend to $0.07 Per Share

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY) declared a dividend on Tuesday, August 19th, investing.com reports. Investors of record on Monday, August 25th will be paid a dividend of 0.0715 per share on Tuesday, September 16th. This represents a dividend yield of 401.0%. The ex-dividend date of this dividend is Friday, August 22nd. This is a 44.9% increase from Lee & Man Paper Manufacturing’s previous dividend of $0.05.

Lee & Man Paper Manufacturing Stock Performance

Shares of Lee & Man Paper Manufacturing stock opened at $3.00 on Tuesday. The business has a 50 day moving average of $2.75 and a 200 day moving average of $2.63. Lee & Man Paper Manufacturing has a 52 week low of $2.35 and a 52 week high of $4.02.

Lee & Man Paper Manufacturing Company Profile

Lee & Man Paper Manufacturing Limited, an investment holding company, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments.