Hong Kong Exchanges and Clearing Limited (OTCMKTS:HKXCY – Get Free Report) dropped 2.7% during mid-day trading on Thursday . The company traded as low as $36.71 and last traded at $36.96. Approximately 48,086 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 63,004 shares. The stock had previously closed at $37.99.
Hong Kong Exchanges and Clearing Stock Down 2.7 %
The stock’s fifty day simple moving average is $36.89 and its 200-day simple moving average is $38.20.
Hong Kong Exchanges and Clearing Increases Dividend
The firm also recently disclosed a dividend, which was paid on Wednesday, September 27th. Stockholders of record on Tuesday, August 29th were paid a $0.5247 dividend. The ex-dividend date was Monday, August 28th. This is a positive change from Hong Kong Exchanges and Clearing’s previous dividend of $0.42. Hong Kong Exchanges and Clearing’s dividend payout ratio is presently 26.30%.
About Hong Kong Exchanges and Clearing
Hong Kong Exchanges and Clearing Limited, together with its subsidiaries, owns and operates stock exchanges and futures exchanges, and related clearing houses in Hong Kong, Mainland China, and the United Kingdom. It operates through five segments: Cash, Equity and Financial Derivatives, Commodities, Post Trade, and Technology.
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