Hon Hai Precision Industry Co., Ltd. Sponsored GDR (HNHPF) Expected to Announce Earnings on Thursday

Hon Hai Precision Industry Co., Ltd. Sponsored GDR (OTCMKTS:HNHPF) is expected to release its earnings data before the market opens on Thursday, August 14th. Analysts expect Hon Hai Precision Industry Co., Ltd. Sponsored GDR to post earnings of $0.10 per share and revenue of $1,779.03 billion for the quarter.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Price Performance

Shares of OTCMKTS:HNHPF opened at $12.37 on Thursday. Hon Hai Precision Industry Co., Ltd. Sponsored GDR has a 1-year low of $6.75 and a 1-year high of $13.61. The business has a 50-day moving average price of $10.96 and a two-hundred day moving average price of $10.19.

Hon Hai Precision Industry Co., Ltd. Sponsored GDR Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 7th. Shareholders of record on Friday, July 4th will be given a dividend of $0.2761 per share. This represents a dividend yield of 254.0%. The ex-dividend date is Thursday, July 3rd. This is a positive change from Hon Hai Precision Industry Co., Ltd. Sponsored GDR’s previous dividend of $0.23.

Wall Street Analyst Weigh In

Separately, Barclays upgraded shares of Hon Hai Precision Industry Co., Ltd. Sponsored GDR to a “strong-buy” rating in a report on Thursday, May 22nd.

About Hon Hai Precision Industry Co., Ltd. Sponsored GDR

Hon Hai Precision Industry Co, Ltd. provides electronic OEM services. The company offers consumer electronics comprising of television sets, game consoles, set-top boxes, and speakers. It also provides cloud networking products consisting of routers, servers, edge computing, data centers, and satellite communications and other related equipment.