Power Assets Holdings Limited (OTCMKTS:HGKGY) to Issue Dividend Increase – $0.24 Per Share

Power Assets Holdings Limited (OTCMKTS:HGKGY) declared a dividend on Thursday, April 25th, NASDAQ reports. Stockholders of record on Tuesday, May 28th will be given a dividend of 0.2408 per share on Tuesday, June 18th. The ex-dividend date of this dividend is Friday, May 24th. This is an increase from Power Assets’s previous dividend of $0.08.

Power Assets Stock Performance

Shares of OTCMKTS:HGKGY traded down $0.02 on Thursday, hitting $5.78. 410 shares of the company were exchanged, compared to its average volume of 4,198. The company’s 50 day moving average price is $5.81 and its two-hundred day moving average price is $5.49. Power Assets has a one year low of $4.51 and a one year high of $6.09.

Power Assets Company Profile

Power Assets Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. It generates energy from thermal, renewable energy, and waste sources. The company also transmits and distributes oil and gas; and provides trust administration and management services.