Hongkong Land (OTCMKTS:HNGKY) Stock Passes Above 50-Day Moving Average of $22.68

Hongkong Land Holdings Limited (OTCMKTS:HNGKY)’s share price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $22.68 and traded as high as $25.15. Hongkong Land shares last traded at $25.15, with a volume of 9,356 shares.

The company’s 50 day simple moving average is $22.76 and its 200-day simple moving average is $23.81.

The company also recently declared a dividend, which will be paid on Wednesday, October 20th. Shareholders of record on Thursday, August 19th will be paid a dividend of $1.10 per share. The ex-dividend date is Wednesday, August 18th. This represents a dividend yield of 4.94%.

About Hongkong Land (OTCMKTS:HNGKY)

Hongkong Land Holdings Ltd. engages in the management and development of properties. Its portfolio includes offices, retail, residential, and hotels and services apartments. It operates through the following segments: Investment Properties, Development Properties, and Corporate. The Investment Properties segment offers prime office and retail space.

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