CLP Holdings Limited (OTCMKTS:CLPHY) announced a quarterly dividend on Tuesday, March 6th, Zacks reports. Investors of record on Friday, March 16th will be paid a dividend of 0.126 per share on Thursday, March 29th. This represents a $0.50 annualized dividend and a yield of 4.96%. The ex-dividend date of this dividend is Thursday, March 15th.

Shares of CLP (OTCMKTS CLPHY) opened at $10.17 on Wednesday. The stock has a market cap of $24,900.00, a PE ratio of 14.13 and a beta of 0.33. CLP has a fifty-two week low of $9.45 and a fifty-two week high of $11.00. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.84 and a quick ratio of 0.74.

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Separately, ValuEngine upgraded shares of CLP from a “hold” rating to a “buy” rating in a report on Friday, December 1st.

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About CLP

CLP Holdings Limitedis an investment holding company mainly engaged in the generation and supply of electricity. The Company operates a portfolio of generating assets, harnessing a wide range of fuels including coal, gas, nuclear, wind, hydro and solar. Its business also includes transmission and distribution, and electricity and gas retail activities.

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