Nam Tai Property Inc. to Issue Quarterly Dividend of $0.07 (NTP)
Nam Tai Property Inc. (NYSE:NTP) declared a quarterly dividend on Tuesday, November 29th. Shareholders of record on Friday, June 30th will be given a dividend of 0.07 per share on Thursday, July 20th. This represents a $0.28 dividend on an annualized basis and a yield of 3.54%. The ex-dividend date of this dividend is Wednesday, June 28th.
Nam Tai Property (NYSE:NTP) traded up 1.94% on Tuesday, reaching $7.90. 96,708 shares of the company’s stock were exchanged. Nam Tai Property has a 12-month low of $4.70 and a 12-month high of $9.59. The firm has a 50 day moving average of $7.78 and a 200-day moving average of $6.87. The company’s market cap is $291.09 million.
Nam Tai Property (NYSE:NTP) last issued its quarterly earnings results on Monday, October 31st. The company reported ($0.04) earnings per share (EPS) for the quarter. Nam Tai Property had a negative return on equity of 3.41% and a negative net margin of 439.83%.
About Nam Tai Property
Nam Tai Property Inc, formerly Nam Tai Electronics, Inc, is engaged in the property development and management business. The Company is focused on redeveloping approximately two parcels of land in Gushu and Guangming, Shenzhen in China, by converting its over two parcels of land that formally housed its manufacturing facilities into commercial complexes.
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