China Overseas Land & Investment Limited (OTCMKTS:CAOVY – Get Free Report)’s stock price fell 0.7% during mid-day trading on Friday . The company traded as low as $8.02 and last traded at $8.02. 3,643 shares changed hands during mid-day trading, a decline of 39% from the average session volume of 5,953 shares. The stock had previously closed at $8.08.
China Overseas Land & Investment Trading Down 0.7%
The firm’s fifty day moving average is $8.74 and its 200-day moving average is $8.81.
China Overseas Land & Investment Cuts Dividend
The company also recently declared a dividend, which was paid on Friday, October 17th. Shareholders of record on Thursday, September 18th were paid a dividend of $0.1361 per share. This represents a dividend yield of 328.0%. The ex-dividend date of this dividend was Wednesday, September 17th. China Overseas Land & Investment’s dividend payout ratio (DPR) is currently 9.05%.
About China Overseas Land & Investment
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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