Lee & Man Paper Manufacturing (OTCMKTS:LMPMY) Trading 2.2% Higher

Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMYGet Rating) traded up 2.2% during trading on Friday . The stock traded as high as $3.52 and last traded at $3.52. 7,200 shares changed hands during trading, an increase of 206% from the average session volume of 2,355 shares. The stock had previously closed at $3.44.

Lee & Man Paper Manufacturing Stock Performance

The company’s 50-day moving average price is $3.79 and its 200 day moving average price is $4.58.

Lee & Man Paper Manufacturing Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, September 13th. Investors of record on Monday, August 22nd will be paid a dividend of $0.0628 per share. The ex-dividend date is Friday, August 19th. This represents a dividend yield of 5.2%.

About Lee & Man Paper Manufacturing

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Lee & Man Paper Manufacturing Limited, an investment holding company, manufactures and trades in 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.

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