Shares of Hang Lung Properties Limited (OTCMKTS:HLPPY – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $4.96 and last traded at $5.04, with a volume of 181526 shares traded. The stock had previously closed at $5.43.
Hang Lung Properties Trading Down 7.4 %
The firm has a fifty day simple moving average of $5.37 and a 200-day simple moving average of $6.07.
Hang Lung Properties Increases Dividend
The company also recently declared a dividend, which will be paid on Monday, June 24th. Stockholders of record on Wednesday, May 8th will be paid a dividend of $0.3638 per share. The ex-dividend date of this dividend is Tuesday, May 7th. This is a positive change from Hang Lung Properties’s previous dividend of $0.10.
Hang Lung Properties Company Profile
Hang Lung Properties Limited, an investment holding company, engages in the property investment, development, and management activities in Hong Kong and Mainland China. It operates through Property Leasing and Property Sales segments. The company is involved in the development, sale, and leasing of properties.
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