CLP Holdings Limited (OTCMKTS:CLPHY) Plans Dividend Increase – $0.16 Per Share

CLP Holdings Limited (OTCMKTS:CLPHY) announced a dividend on Monday, February 24th, NASDAQ Dividends reports. Stockholders of record on Monday, March 10th will be given a dividend of 0.1621 per share on Thursday, March 27th. The ex-dividend date of this dividend is Monday, March 10th. This is a boost from CLP’s previous dividend of $0.07.

CLP Stock Performance

Shares of CLP stock opened at $8.30 on Wednesday. The firm has a fifty day moving average price of $8.22 and a 200 day moving average price of $8.55. CLP has a 1 year low of $7.62 and a 1 year high of $9.54. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.70 and a quick ratio of 0.56.

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.