Hongkong Land (OTC:HKHGF) Stock Price Up 4.8% – Here’s What Happened

Hongkong Land Holdings Limited (OTC:HKHGFGet Free Report)’s share price rose 4.8% during trading on Thursday . The company traded as high as $6.71 and last traded at $6.71. Approximately 100 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 13,653 shares. The stock had previously closed at $6.40.

Hongkong Land Price Performance

The stock has a 50 day moving average price of $6.30 and a 200-day moving average price of $5.53.

Hongkong Land Announces Dividend

The company also recently declared a interim dividend, which was paid on Wednesday, October 15th. Stockholders of record on Friday, August 22nd were paid a $0.06 dividend. Hongkong Land’s dividend payout ratio is presently 36.71%.

Hongkong Land Company Profile

(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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