Hongkong Land (OTC:HKHGF) Trading Up 1% – Should You Buy?

Hongkong Land Holdings Limited (OTC:HKHGFGet Free Report) was up 1% on Monday . The company traded as high as $6.11 and last traded at $6.11. Approximately 4 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 14,838 shares. The stock had previously closed at $6.05.

Hongkong Land Price Performance

The stock has a fifty day moving average price of $5.98 and a two-hundred day moving average price of $5.04.

Hongkong Land Dividend Announcement

The business also recently declared a interim dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Friday, August 22nd will be issued a $0.06 dividend. Hongkong Land’s dividend payout ratio (DPR) is 36.71%.

About Hongkong Land

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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