Megaworld Co. (OTCMKTS:MGAWY) to Issue Dividend of $0.28

Megaworld Co. (OTCMKTS:MGAWY) announced a dividend on Tuesday, October 22nd, NASDAQ reports. Shareholders of record on Tuesday, November 5th will be paid a dividend of 0.2826 per share on Tuesday, December 3rd. The ex-dividend date is Tuesday, November 5th. This is a boost from Megaworld’s previous dividend of $0.15.

Megaworld Price Performance

OTCMKTS:MGAWY opened at $8.00 on Friday. The company’s 50 day moving average is $7.15 and its 200-day moving average is $6.51. Megaworld has a 12 month low of $5.70 and a 12 month high of $8.00.

About Megaworld

Megaworld Corporation, together with its subsidiaries, engages in the development, sale, and leasing of real estate properties in the Philippines. The company develops mixed-use planned communities or townships, including residential, commercial, leisure, and entertainment components. Its real estate portfolio comprises residential condominium units, subdivision lots and townhouses, and condominium-hotel projects, as well as office projects and retail spaces.