Hang Lung Group Limited (OTCMKTS:HNLGY – Get Free Report)’s share price hit a new 52-week low on Monday . The company traded as low as $5.49 and last traded at $5.49, with a volume of 138 shares changing hands. The stock had previously closed at $5.99.
Hang Lung Group Price Performance
The firm’s 50-day moving average is $5.99 and its two-hundred day moving average is $6.44.
Hang Lung Group Increases Dividend
The company also recently announced a dividend, which will be paid on Monday, June 24th. Stockholders of record on Wednesday, May 8th will be given a dividend of $0.3958 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This is an increase from Hang Lung Group’s previous dividend of $0.12.
About Hang Lung Group
Hang Lung Group Limited, an investment holding company, operates as a property developer in Hong Kong and Mainland China. The company operates through Property Leasing and Property Sales segments. It develops properties for sale and lease, such as large-scale commercial, office, and residential developments.
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