China Overseas Land & Investment (OTCMKTS:CAOVY) Shares Up 1.2% – Here’s Why

China Overseas Land & Investment Limited (OTCMKTS:CAOVYGet Free Report) shot up 1.2% during mid-day trading on Monday . The company traded as high as $9.18 and last traded at $9.18. 1,908 shares traded hands during trading, a decline of 47% from the average session volume of 3,594 shares. The stock had previously closed at $9.08.

China Overseas Land & Investment Trading Up 1.2%

The stock has a fifty day moving average of $8.63 and a 200-day moving average of $8.61.

China Overseas Land & Investment Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, August 1st. Investors of record on Tuesday, July 1st will be issued a dividend of $0.1625 per share. This represents a dividend yield of 3.84%. The ex-dividend date of this dividend is Monday, June 30th. China Overseas Land & Investment’s dividend payout ratio is currently 9.05%.

China Overseas Land & Investment Company Profile

(Get Free Report)

China Overseas Land & Investment Limited, an investment holding company, engages in the property development and investment, and other operations in the People's Republic of China and the United Kingdom. The company operates through Property Development, Property Investment, and Other Operations segments.

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