CK Infrastructure (OTCMKTS:CKISY) Shares Up 4.8% – Should You Buy?

Shares of CK Infrastructure Holdings Limited (OTCMKTS:CKISYGet Free Report) shot up 4.8% during mid-day trading on Friday . The company traded as high as $32.73 and last traded at $32.73. 920 shares were traded during mid-day trading, an increase of 79% from the average session volume of 513 shares. The stock had previously closed at $31.22.

CK Infrastructure Stock Up 4.8%

The stock has a 50 day moving average price of $31.86 and a 200-day moving average price of $32.44.

CK Infrastructure Increases Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 26th. Investors of record on Wednesday, May 28th will be given a dividend of $1.13 per share. The ex-dividend date of this dividend is Tuesday, May 27th. This is an increase from CK Infrastructure’s previous dividend of $0.41. This represents a yield of 4.81%.

CK Infrastructure Company Profile

(Get Free Report)

CK Infrastructure Holdings Limited, an infrastructure company, develops, invests in, operates, and commercializes infrastructure businesses in Hong Kong, Mainland China, the United Kingdom, Continental Europe, Australia, New Zealand, Canada, and the United States. The company invests in energy infrastructure, transportation infrastructure, water infrastructure, waste management, waste-to-energy, household infrastructure, and infrastructure related businesses.

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