The Goldman Sachs Group upgraded shares of Hang Seng Bank (OTCMKTS:HSNGY – Free Report) from a strong sell rating to a hold rating in a research report released on Wednesday morning,Zacks.com reports.
Hang Seng Bank Trading Up 1.3 %
Shares of Hang Seng Bank stock opened at $13.63 on Wednesday. The company’s 50-day moving average price is $12.35 and its two-hundred day moving average price is $12.16. Hang Seng Bank has a 52 week low of $10.70 and a 52 week high of $14.81.
Hang Seng Bank Increases Dividend
The business also recently announced a dividend, which will be paid on Monday, April 7th. Investors of record on Wednesday, March 5th will be issued a $0.4115 dividend. This is a positive change from Hang Seng Bank’s previous dividend of $0.14. The ex-dividend date is Wednesday, March 5th.
Hang Seng Bank Company Profile
Hang Seng Bank Limited, together with its subsidiaries, provides various banking and related financial services to individual, corporate, commercial, small and medium-sized enterprises, and institutional customers in Hong Kong, the Mainland of China, and internationally. It operates through five segments: Wealth and Personal Banking, Commercial Banking, Global Banking, Global Markets, and Other.
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