Hongkong Land (OTCMKTS:HNGKY) Hits New 12-Month High – Here’s Why

Shares of Hongkong Land Holdings Limited (OTCMKTS:HNGKYGet Free Report) hit a new 52-week high on Wednesday . The stock traded as high as $22.09 and last traded at $21.72, with a volume of 7284 shares changing hands. The stock had previously closed at $19.50.

Hongkong Land Trading Up 1.7 %

The business has a fifty day simple moving average of $19.29 and a two-hundred day simple moving average of $17.49.

Hongkong Land Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, October 23rd. Investors of record on Friday, August 23rd were issued a $0.264 dividend. The ex-dividend date of this dividend was Friday, August 23rd.

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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