Wharf (OTCMKTS:WARFY) Trading Down 2.5% – Should You Sell?

The Wharf (Holdings) Limited (OTCMKTS:WARFY)’s stock price fell 2.5% during mid-day trading on Tuesday . The company traded as low as $5.01 and last traded at $5.01. 367 shares were traded during trading, a decline of 85% from the average session volume of 2,470 shares. The stock had previously closed at $5.14.

Wharf Stock Performance

The stock has a 50-day moving average of $4.83 and a 200-day moving average of $5.07.

Wharf Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 9th. Shareholders of record on Monday, April 7th were paid a dividend of $0.0515 per share. The ex-dividend date of this dividend was Monday, April 7th. This is a boost from Wharf’s previous dividend of $0.05. Wharf’s dividend payout ratio is presently 19.99%.

Wharf Company Profile

Founded in 1886 as the 17th company registered in Hong Kong, The Wharf (Holdings) Limited (Stock Code: 0004) is a premier company with strong connection to the history of Hong Kong. As one of the 30 constituent stocks in the original Hang Seng Index from the 1960s, Wharf is backed by a long standing mission of Building for Tomorrow and a proven track record in management and execution.