Power Assets Holdings Limited (OTCMKTS:HGKGY) to Issue Dividend of $0.24

Power Assets Holdings Limited (OTCMKTS:HGKGY) declared a dividend on Thursday, May 22nd, investing.com reports. Shareholders of record on Wednesday, May 28th will be given a dividend of 0.2425 per share on Tuesday, June 17th. This represents a yield of 4.84%. The ex-dividend date of this dividend is Tuesday, May 27th. This is a 202.8% increase from Power Assets’s previous dividend of $0.08.

Power Assets Stock Performance

HGKGY stock opened at $6.67 on Friday. Power Assets has a 1-year low of $5.10 and a 1-year high of $7.18. The business has a 50 day simple moving average of $6.38 and a two-hundred day simple moving average of $6.51.

Power Assets Company Profile

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.