Hongkong Land (OTCMKTS:HNGKY) Hits New 52-Week Low at $14.20

Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $14.20 and last traded at $14.38, with a volume of 4037 shares changing hands. The stock had previously closed at $14.74.

Hongkong Land Stock Up 2.8 %

The company’s fifty day simple moving average is $15.78 and its two-hundred day simple moving average is $16.25.

Hongkong Land Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, May 22nd. Investors of record on Friday, March 22nd will be issued a dividend of $0.75 per share. This is a boost from Hongkong Land’s previous dividend of $0.26. The ex-dividend date of this dividend is Thursday, March 21st.

Hongkong Land Company Profile

(Get Free Report)

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.

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