Hongkong Land Holdings Limited (OTC:HKHGF) to Issue Dividend Increase – $0.17 Per Share

Hongkong Land Holdings Limited (OTC:HKHGF) declared a dividend on Friday, March 7th, NASDAQ Dividends reports. Investors of record on Friday, March 21st will be paid a dividend of 0.17 per share on Wednesday, May 14th. The ex-dividend date of this dividend is Friday, March 21st. This is a 183.3% increase from Hongkong Land’s previous dividend of $0.06.

Hongkong Land Stock Up 1.8 %

OTC:HKHGF traded up $0.08 during mid-day trading on Friday, reaching $4.64. 288 shares of the company’s stock traded hands, compared to its average volume of 29,127. Hongkong Land has a 12-month low of $2.92 and a 12-month high of $4.80. The company has a 50 day moving average price of $4.34 and a 200-day moving average price of $4.12.

About Hongkong Land

Hongkong Land Holdings Limited, together with its subsidiaries, engages in the investment, development, and management of properties in Hong Kong, Macau, Mainland China, Southeast Asia, and internationally. The company operates in two segments, Investment Properties and Development Properties. It owns and manages approximately 850,000 square meters of office and luxury retail assets primarily in Hong Kong, Singapore, Beijing, and Jakarta.