Hysan Development Company Limited (OTCMKTS:HYSNY – Get Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.24 and traded as low as $3.02. Hysan Development shares last traded at $3.08, with a volume of 4,343 shares traded.
Hysan Development Stock Performance
The stock has a 50-day moving average of $3.23 and a 200 day moving average of $3.57.
Hysan Development Increases Dividend
The business also recently disclosed a dividend, which was paid on Monday, April 1st. Investors of record on Thursday, March 7th were given a dividend of $0.1971 per share. This is an increase from Hysan Development’s previous dividend of $0.06. The ex-dividend date was Wednesday, March 6th. Hysan Development’s dividend payout ratio (DPR) is presently 3.58%.
About Hysan Development
Hysan Development Co, Ltd. is a leading property investment, management and development company. Its core asset portfolio, Lee Gardens in Hong Kong, has approximately 4.5 million square feet of high-quality office, retail and residential floor area. Hysan has been rooted in Hong Kong for nearly a hundred years, operating with heart, focusing on community building, integration of old and new, technology application, and sustainable development.
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