Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) to Issue Dividend Increase – $0.40 Per Share

Yue Yuen Industrial (Holdings) Limited (OTCMKTS:YUEIY) announced a dividend on Sunday, May 5th, NASDAQ reports. Investors of record on Friday, May 31st will be given a dividend of 0.3977 per share on Monday, July 8th. The ex-dividend date of this dividend is Friday, May 31st. This is an increase from Yue Yuen Industrial’s previous dividend of $0.11.

Yue Yuen Industrial Price Performance

YUEIY traded up $0.21 during midday trading on Friday, reaching $8.95. 1,357 shares of the company were exchanged, compared to its average volume of 8,266. Yue Yuen Industrial has a one year low of $4.60 and a one year high of $9.09. The stock’s 50-day simple moving average is $6.96 and its 200 day simple moving average is $5.94.

About Yue Yuen Industrial

Yue Yuen Industrial (Holdings) Limited, an investment holding company, engages in manufacturing and sale of athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.