HMG/Courtland Properties (NYSEAMERICAN:HMG) announced a special dividend on Monday, March 12th, Wall Street Journal reports. Stockholders of record on Wednesday, March 21st will be paid a dividend of 2.50 per share by the financial services provider on Friday, March 30th. The ex-dividend date of this dividend is Tuesday, March 20th. This is an increase from HMG/Courtland Properties’s previous special dividend of $0.50.
Shares of HMG/Courtland Properties (NYSEAMERICAN:HMG) traded up $0.75 during trading on Monday, hitting $15.50. 370 shares of the stock were exchanged, compared to its average volume of 470. The firm has a market cap of $14.79, a price-to-earnings ratio of -20.39 and a beta of 1.67. HMG/Courtland Properties has a 1-year low of $10.34 and a 1-year high of $15.50.
HMG/Courtland Properties Company Profile
HMG/Courtland Properties, Inc (HMG) is a real estate investment trust (REIT). The Company is engaged in the ownership and management of income-producing commercial properties. The Company’s portfolio of REIT marketable securities consists of preferred and non-preferred equity of large capital publicly traded REITs.
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