Nam Tai Property Inc. (NYSE:NTP) announced a quarterly dividend on Tuesday, November 29th, Wall Street Journal reports. Investors of record on Saturday, September 30th will be paid a dividend of 0.07 per share by the electronics maker on Friday, October 20th. This represents a $0.28 annualized dividend and a yield of 2.67%. The ex-dividend date of this dividend is Wednesday, September 27th.

Shares of Nam Tai Property (NTP) opened at 10.45 on Friday. The company has a 50-day moving average of $10.27 and a 200 day moving average of $8.58. The firm’s market cap is $382.21 million. Nam Tai Property has a one year low of $6.79 and a one year high of $11.23.

Nam Tai Property (NYSE:NTP) last issued its earnings results on Monday, July 31st. The electronics maker reported $0.06 earnings per share (EPS) for the quarter. Nam Tai Property had a negative return on equity of 1.09% and a negative net margin of 112.71%. The business had revenue of $0.54 million during the quarter.

A hedge fund recently raised its stake in Nam Tai Property stock. State Street Corp raised its holdings in Nam Tai Property Inc. (NYSE:NTP) by 0.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 23,578 shares of the electronics maker’s stock after purchasing an additional 141 shares during the period. State Street Corp owned about 0.06% of Nam Tai Property worth $188,000 as of its most recent SEC filing. 28.01% of the stock is owned by hedge funds and other institutional investors.

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Several equities analysts recently commented on NTP shares. BidaskClub raised Nam Tai Property from a “buy” rating to a “strong-buy” rating in a research report on Thursday, August 24th. ValuEngine lowered Nam Tai Property from a “buy” rating to a “hold” rating in a research report on Tuesday, August 29th.

Nam Tai Property Company Profile

Nam Tai Property Inc is a holding company. The Company is a property development and management company. The Company focuses on redevelopment of on two parcels of land in Gushu and Guangming, Shenzhen, China, into high-end commercial complexes. Its property development project in Guangming, Shenzhen, is named as Namtai Inno Park, and its property development project in Gushu, Shenzhen, is named as Namtai Inno City.

Dividend History for Nam Tai Property (NYSE:NTP)

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