Shares of Man Wah Holdings Limited (OTCMKTS:MAWHY – Get Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $11.35 and last traded at $11.35, with a volume of 301 shares. The stock had previously closed at $12.62.
Man Wah Trading Down 10.1 %
The stock has a 50-day moving average price of $15.87 and a 200 day moving average price of $14.08.
Man Wah Increases Dividend
The company also recently declared a dividend, which will be paid on Tuesday, August 6th. Shareholders of record on Friday, July 5th will be given a dividend of $0.3383 per share. This is a positive change from Man Wah’s previous dividend of $0.34. The ex-dividend date of this dividend is Friday, July 5th.
About Man Wah
Man Wah Holdings Limited, an investment holding company, engages in the manufacture, wholesale, trading, and distribution of sofas and ancillary products in the People's Republic of China, North America, Europe, and internationally. The company operates through Sofa and Ancillary Products, Other Products, Other Business, and Home Group Business segments.
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