Shares of CLP Holdings Limited (OTCMKTS:CLPHY – Get Free Report) were down 0.5% on Friday . The stock traded as low as $8.03 and last traded at $8.08. Approximately 49,536 shares were traded during mid-day trading, a decline of 22% from the average daily volume of 63,889 shares. The stock had previously closed at $8.12.
CLP Price Performance
The firm has a 50-day simple moving average of $8.07 and a two-hundred day simple moving average of $7.92.
CLP Increases Dividend
The business also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Monday, March 11th were paid a dividend of $0.1446 per share. The ex-dividend date was Friday, March 8th. This is an increase from CLP’s previous dividend of $0.07.
About CLP
CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar.
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