Hang Lung Properties Limited (OTCMKTS:HLPPY – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $4.96 and last traded at $5.04, with a volume of 181526 shares trading hands. The stock had previously closed at $5.43.
Hang Lung Properties Stock Down 7.4 %
The stock’s 50 day simple moving average is $5.37 and its 200 day simple moving average is $6.07.
Hang Lung Properties Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, June 24th. Investors of record on Wednesday, May 8th will be paid a $0.3638 dividend. The ex-dividend date is Tuesday, May 7th. This is a boost from Hang Lung Properties’s previous dividend of $0.10.
Hang Lung Properties Company Profile
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
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