Hongkong Land Holdings Limited (LON:HKLD) Raises Dividend to $0.17 Per Share

Hongkong Land Holdings Limited (LON:HKLD) announced a dividend on Friday, March 7th, DividendData.Co.Uk reports. Stockholders of record on Thursday, March 20th will be paid a dividend of $0.17 per share on Wednesday, May 14th. This represents a dividend yield of 2.29%. The ex-dividend date of this dividend is Thursday, March 20th. This is a 183.3% increase from Hongkong Land’s previous dividend of $0.06. The official announcement can be accessed at this link.

Hongkong Land Stock Performance

The company’s 50 day moving average price is GBX 6.93 and its 200-day moving average price is GBX 7.22. Hongkong Land has a 12 month low of GBX 3.07 ($0.04) and a 12 month high of GBX 7.41 ($0.10). The firm has a market capitalization of £96.80 million, a price-to-earnings ratio of -16.85, a price-to-earnings-growth ratio of 2.50 and a beta of 0.52. The company has a quick ratio of 0.65, a current ratio of 1.70 and a debt-to-equity ratio of 20.55.

Hongkong Land Company Profile

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.