Hongkong Land Holdings Limited (LON:HKLD) Insider Craig Beattie Purchases 17,600 Shares of Stock

Hongkong Land Holdings Limited (LON:HKLD) insider Craig Beattie acquired 17,600 shares of Hongkong Land stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average cost of GBX 489 ($6.49) per share, with a total value of £86,064 ($114,173.52).

Hongkong Land Stock Performance

The company’s fifty day simple moving average is GBX 6.74. The company has a debt-to-equity ratio of 20.55, a quick ratio of 0.65 and a current ratio of 1.70. Hongkong Land Holdings Limited has a 12 month low of GBX 3.93 ($0.05) and a 12 month high of GBX 7.41 ($0.10). The stock has a market cap of £93.26 million, a price-to-earnings ratio of -16.23, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52.

Hongkong Land Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, May 14th. Shareholders of record on Thursday, March 20th will be given a $0.17 dividend. This is a positive change from Hongkong Land’s previous dividend of $0.06. This represents a yield of 2.29%. The ex-dividend date is Thursday, March 20th. Hongkong Land’s dividend payout ratio is presently -8,461.54%.

About Hongkong Land

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.