Hang Lung Group Ltd. (OTCMKTS:HNLGY – Get Free Report)’s share price reached a new 52-week high on Friday . The company traded as high as $8.28 and last traded at $8.28, with a volume of 338 shares trading hands. The stock had previously closed at $8.13.
Hang Lung Group Stock Up 1.8%
The stock has a 50 day moving average of $7.20 and a two-hundred day moving average of $6.96.
Hang Lung Group Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, June 26th. Investors of record on Friday, May 9th will be issued a dividend of $0.3991 per share. The ex-dividend date of this dividend is Thursday, May 8th. This is a boost from Hang Lung Group’s previous dividend of $0.12. This represents a yield of 7.39%.
Hang Lung Group Company Profile
Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and the Mainland of China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.
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