Lee & Man Paper Manufacturing Limited (OTCMKTS:LMPMY – Get Free Report)’s stock price shot up 30.9% during mid-day trading on Friday . The company traded as high as $3.10 and last traded at $3.09. 1,662 shares changed hands during trading, an increase of 71% from the average session volume of 971 shares. The stock had previously closed at $2.36.
Lee & Man Paper Manufacturing Trading Up 30.9%
The business has a fifty day moving average price of $2.47 and a 200-day moving average price of $2.58.
Lee & Man Paper Manufacturing Cuts Dividend
The firm also recently declared a dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 14th were issued a dividend of $0.0493 per share. This represents a dividend yield of 4.79%. The ex-dividend date of this dividend was Tuesday, May 13th. Lee & Man Paper Manufacturing’s payout ratio is currently 2.24%.
Lee & Man Paper Manufacturing Company Profile
Lee & Man Paper Manufacturing Limited, an investment holding company, engages in the manufacture and trading of packaging papers, pulps, and tissue papers in the People's Republic of China, Vietnam, Malaysia, Macau, and Hong Kong. The company operates through Packaging Paper, Tissue Paper, and Pulp segments.
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